Pub. Util. Code, § 13101 · Article 4. Proceedings for Issuance
Pub. Util. Code, § 13101
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Whenever a district proposes to exercise the power to borrow money, or to refund indebtedness, pursuant to this chapter, the board shall adopt a preliminary resolution declaring its intention to authorize the issuance of bonds for such purpose, which resolution shall specify all of the following:
(1) The purpose for which the proposed bonds are to be issued.
(2) The maximum principal amount of the bonds proposed to be issued in the then current calendar year.
(3) The maximum term for which any of said bonds are to run.
(4) The maximum rate of interest to be payable upon such bonds.
(5) The maximum premium, if any, to be payable on the redemption of any such bonds.
Notes and commentary — not statutory text
History
Amended by Stats. 1962, 1st Ex. Sess., Ch. 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=PUC§ionNum=13101.
- Text hash
- sha256 4bb2652c84644bbf55eb08cf810baefcfc1a1998dfdfe690e8a565ce9341b994
- 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
Provisions in this library whose text cites Pub. Util. Code, § 13101. Each shows the citation as that text prints it.
Public Utilities Code
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.