Pub. Util. Code, § 12852 · Article 6a. Electric, Water, Communications, or Sewage Disposal System Improvements
Pub. Util. Code, § 12852
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Article 3 (commencing with Section 54380) of Chapter 6 of Part 1 of Division 2 of Title 5 of the Government Code, the limitations on the rate of interest set forth in subdivision (b) of Section 54402 of the Government Code and on the discount set forth in Section 54418 of the Government Code, and the requirements for refunding revenue bonds set forth in Sections 53573, 53583, 54388, and 54661 of the Government Code do not apply to the issuance and sale of bonds pursuant to this article. Whenever a district proposes to exercise the power to issue bonds pursuant to this article, the board shall adopt a preliminary resolution declaring its intention to authorize the issuance of bonds, which resolution shall specify all of the following:
(a) The purpose for which the proposed bonds are to be issued.
(b) The maximum principal amount of the bonds then proposed to be issued.
(c) The maximum term for which any of the bonds are to run.
(d) The maximum rate of interest to be payable upon the bonds which rate shall be determined by the board.
(e) The maximum discount, which shall be determined by the board.
Notes and commentary — not statutory text
History
Amended by Stats. 1984, Ch. 984, Sec. 1. Effective September 11, 1984.
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=PUC§ionNum=12852.
- Text hash
- sha256 9e0da3de0cc435efe894eb8505788de53143b3b49102cfb7d2a54a1551c312db
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- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Gov. Code, § 53583Printed as Sections 53573, 53583, 54388, and 54661 of the Government Code
- Gov. Code, tit. 5, div. 2, pt. 1, ch. 6, art. 3Authorization of BondsPrinted as Article 3 (commencing with Section 54380) of Chapter 6 of Part 1 of Division 2 of Title 5 of the Government Code
- Gov. Code, § 54402Printed as Section 54402 of the Government Code
- Gov. Code, § 54418Printed as Section 54418 of the Government Code
- Gov. Code, § 54661Printed as Sections 53573, 53583, 54388, and 54661 of the Government Code
Cited by 1 provision
Provisions in this library whose text cites Pub. Util. Code, § 12852. Each shows the citation as that text prints it.
Public Utilities Code
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