Gov. Code, § 30404 · Chapter 10. Orange County Financial Control
Gov. Code, § 30404
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The trustee may issue or execute and deliver for and in the name and on behalf of the county, any of the following forms of debt or other obligations:
(1) Notes, tax anticipation warrants, or other evidences of indebtedness pursuant to Article 7 (commencing with Section 53820), Article 7.5 (commencing with Section 53840), or Article 7.6 (commencing with Section 53850) of Chapter 4 of Part 1 of Division 2 of Title 5.
(2) Grant anticipation notes pursuant to Article 7.7 (commencing with Section 53859) of Chapter 4 of Part 1 of Division 2 of Title 5.
(3) Revenue bonds pursuant to Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5.
(4) Refunding bonds pursuant to Article 9 (commencing with Section 53550) or Article 10 (commencing with Section 53570) of Chapter 3 of Part 1 of Division 2 of Title 5.
(5) Certificates of participation or lease revenue bonds to finance the lease or lease-purchase of property and for this purpose may lease property, for and in the name and on behalf of the County of Orange, to or from any other public or private entity.
(b) If the trustee issues notes, tax anticipation warrants, or any other evidence of indebtedness or other obligation pursuant to subdivision (a), the trustee may provide, in the terms of the issuance, for the pledge of any taxes, income, revenue, cash receipts, rents, or other moneys of the county, including moneys deposited in inactive or term deposit accounts, or rights to receive the same, to the extent that the taxes, income, revenue, cash receipts, rents, or other moneys could have been used to pay principal or interest on the issuance. The priority and perfection of the pledge shall be governed by Chapter 5.5 (commencing with Section 5450) of Division 6 of Title 1.
Notes and commentary — not statutory text
History
Added by Stats. 1995, Ch. 747, Sec. 3. Effective January 1, 1996.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=30404.
- Text hash
- sha256 f5328fdb915c71e0b25a846c04670c54e38d262c7f240ee0d43d0557f2c59e74
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Gov. Code, tit. 1, div. 6, ch. 5.5Collateral Security for BondsPrinted as Chapter 5.5 (commencing with Section 5450) of Division 6 of Title 1
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 3, art. 9Refunding of Bonded Indebtedness of Local AgenciesPrinted as Article 9 (commencing with Section 53550)
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 3, art. 10Refunding of Revenue Bonds of Local AgenciesPrinted as Article 10 (commencing with Section 53570) of Chapter 3 of Part 1 of Division 2 of Title 5
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 4, art. 7Temporary BorrowingPrinted as Article 7 (commencing with Section 53820)
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 4, art. 7.5Alternate Procedure for Temporary BorrowingPrinted as Article 7.5 (commencing with Section 53840)
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 4, art. 7.6Temporary BorrowingPrinted as Article 7.6 (commencing with Section 53850) of Chapter 4 of Part 1 of Division 2 of Title 5
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 4, art. 7.7Grant Anticipation NotesPrinted as Article 7.7 (commencing with Section 53859) of Chapter 4 of Part 1 of Division 2 of Title 5
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 6Revenue Bond Law of 1941Printed as Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.