Health & Saf. Code, § 32317 · Chapter 5. Revenue Bonds
Health & Saf. Code, § 32317
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The resolution adopted pursuant to Section 32316 shall include all of the following:
(a) The purpose for which the bonds are proposed to be issued.
(b) The estimated cost of the acquisition, construction, improvement, financing, and refinancing.
(c) The principal amount of the bonds.
(d) The maximum rate of the interest on the bonds, which shall not exceed 12 percent per year, and the frequency of interest payments.
(e) A statement that the bonds are to be revenue bonds, payable exclusively from the revenues of the enterprise, and that the bonds are not to be secured by the taxing power of the district.
Notes and commentary — not statutory text
History
Amended by Stats. 1986, Ch. 1355, Sec. 6.
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=HSC§ionNum=32317.
- Text hash
- sha256 d349d3725a7f8f19454db3e2b769a246c045e4b37b75cc05f17b8428ba8271b6
- 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
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Health and Safety Code
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