Gov. Code, § 59218 · Article 3. Resolution of Intention
Gov. Code, § 59218
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The resolution shall state:
(a) That it is proposed to issue bonds of the new district.
(b) The maximum amount for which and the character of the proposed new bonds.
(c) The maximum term of the bonds.
(d) The maximum rate of interest to be paid on them, not to exceed 7 percent a year.
Notes and commentary — not statutory text
History
Added by Stats. 1951, Ch. 331.
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=59218.
- Text hash
- sha256 0a69376f0f8f03713a8a7198c70c8168981af83964f21951aaec6d197d4c62f0
- 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.