Health & Saf. Code, § 34354 · Article 5. Bonds
Health & Saf. Code, § 34354
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
By resolution, an authority may authorize the issuance of its bonds which may be taxable or nontaxable. The resolution, its trust indenture, or mortgage may provide for:
(a) The issuance of bonds in one or more series.
(b) The date the bonds shall bear.
(c) The date of maturity, not exceeding 45 years from their respective dates.
(d) The interest rate, not exceeding 12 percent a year.
(e) The denomination of the bonds.
(f) The form of the bonds, either coupon or registered, as permitted by law.
(g) The conversion or registration privileges which the bonds shall carry.
(h) The rank or priority of the bonds.
(i) The manner of execution of the bonds.
(j) The medium of payment in which the bonds are payable.
(k) The place of payment.
( l) The terms of redemption, with or without premium.
Notes and commentary — not statutory text
History
Amended by Stats. 1983, Ch. 1309, Sec. 13.
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=34354.
- Text hash
- sha256 1d4be245e5c910e19b9d4548d6ed3eefca4dedb26c5140c31d66cc752dd52f82
- 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
Cited by 1 provision
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Health and Safety Code
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