Cal. Gov. Code § 64630

Current through the 2023 Legislative Session.
Section 64630 - Initiation of proceedings

The authority board may, by majority vote, initiate proceedings to issue general obligation bonds pursuant to this chapter by adopting a resolution stating its intent to issue the bonds. The authority board shall not adopt a resolution to initiate proceedings until after the executive board has adopted a resolution in support of the issuance of the general obligation bonds.

Ca. Gov. Code § 64630

Added by Stats 2019 ch 598 (AB 1487),s 1, eff. 1/1/2020.