A.6 General Bond Statutes

A.6 General Bond Statutes

General bond statutes cover numerous aspects of debt that issuers can use ranging from refunding bonds, bond registration, execution, security pledges for bonds, interest payment dates, and bonds using an indenture, trust agreement or another instrument.

GENERAL
DESCRIPTION
CODE
SECTION
Validation ActionsCCP 860-870.5
Conflicts of Interest of Public OfficialsGOV 1090-1099
Sales of Public SecuritiesGOV 1100-1102
Pledge of RevenuesGOV 5450-5452
DenominationsGOV 5600-5604
GENERAL BOND PROVISIONS
General Bond ProvisionsGOV 5850-5854
Non-Semi annual Interest PaymentsGOV 5851
Issuance Per Resolution, Indenture, Etc.GOV 5852
Public Disclosure of Financial Terms of BondsGOV 5852.1
Taxable BondsGOV 5900-5909
Swaps and Forwards – Financial Contract AuthorityGOV 5920-5921; 5923
Interest Rate Swaps and HedgesGOV 5922(a)
Bonds Payable in Other CurrencyGOV 5922(b)
Credit Enhancement and Liquidity AgreementsGOV 5922(c)
Security PledgeGOV 5922(d)
Fractional Interest of Local Agency ObligationsGOV 5950-5955
Debt Reporting to CDIACGOV 8855-8859
State Funds – Permitted InvestmentsGOV 16430-16495.5
Refunding Local Agency Bonds, Alternative Method GOV 53506-53509.5
Maximum Interest RateGOV 53530-53533
Interest Rate SwapsGOV 53534
Issuance of Authorized but Unissued Bonds GOV 53540-53541
Refunding Local Agency BondsGOV 53550-53569
Refunding Local Agency Revenue BondsGOV 53570-53572
Refunding Bonds – General ProvisionsGOV 53580-53589.5
Financial Advisor, Bond Counsel and Underwriter LimitationsGOV 53590-53594
LOCAL AGENCY DEPOSIT OF FUNDSGOV 53630-53686
Local Agency Permitted InvestmentsGOV 53600-53610
Commercial Paper Investment Concentration LimitsGOV 53635
Eligibility of Depository EntitiesGOV 53635.2
Borrowing Funds in Excess of $100,000GOV 53635.7
SALE OF SECURITIES
Sale of SecuritiesGOV 53690-53692
Bids by Financial AdvisorsGOV 53691
Competitive Sale Notice RequirementsGOV 53692
Voter Approval of TaxesGOV 53720-53730
Meetings (Brown Act)GOV 54950-54963