Gov. Code, § 50665.3 · Article 4. Limited Obligation Bonds
Gov. Code, § 50665.3
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In determining the amount of bonds to be issued, the legislative body may include:
(a) All costs and estimated costs incidental to or connected with the acquisition, construction, improving, or financing of the public works or improvements.
(b) All engineering, inspection, legal, and fiscal agent’s fees, all costs of the bond election and of the issuance of limited obligation bonds, all bond reserve funds, and all bond interest estimated to accrue during the construction period and for a period determined by the legislative body after completion of construction.
Notes and commentary — not statutory text
History
Added by Stats. 1985, Ch. 320, Sec. 2.
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=50665.3.
- Text hash
- sha256 bbe46d6ab82cbaec7f36463bd345fca05e5be847513c9a1d5391fcca2b05b8df
- 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.