Cal. Gov. Code § 50662

Current through the 2023 Legislative Session.

Section 50662 - Issuance of bonds and coupons in negotiable form

When a local agency is authorized by charter to issue bonds payable solely from revenues of a municipal utility or a special fund, in negotiable form, the local agency may issue the bonds and any coupons for interest thereon in negotiable form, and they are negotiable instruments for all purposes.

Ca. Gov. Code § 50662

Amended by Stats. 1951, Ch. 110.