Gov. Code, § 43762 · Article 4. Investment Bond Act of 1909
Gov. Code, § 43762
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
It is the intent of the Legislature in adopting this article that the acquisition of such bonds or investments of the general improvement fund shall be for any or all of the following purposes:
(a) Aiding or facilitating the making of needed public improvements in the city.
(b) Limiting or preventing such increasing of district taxes or assessments as may impair the general tax revenues of the city from any district.
(c) Providing means to reduce district indebtedness or assessments represented by or securing bonds.
(d) Obtaining collection of delinquent city taxes.
(e) Restoring property to the tax rolls in order that city taxes may be collected on such property.
Notes and commentary — not statutory text
History
Added by Stats. 1949, Ch. 79.
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=43762.
- Text hash
- sha256 8c0aae4407f96c135483f677446cdfd25108b3176b013643fa7f191ed2cece73
- 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
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.