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California Statutes § 19261 Issuance of bonds

⤴ Up to Article 5: Voting Modernization Bond Act Of 2002 (Shelley-Hertzberg Act)

Statute Text

Upon request of the board, supported by a statement of its plans and projects approved by the Governor, the committee shall determine whether to issue any bonds authorized under this article in order to carry out the board's plans and projects and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out these plans and projects progressively, and it is not necessary that all of the bonds be issued or sold at any one time.

History

Renumbered from Ca. Elec. Code §19240 by Stats 2013 ch 602 ( SB 360 ) , s 59 , eff. 1/1/2014 .

Amended by Stats 2001 ch 902 ( AB 56 ) , s 1 , eff. upon the approval by the people of the Voting Modernization Bond Act of 2002 (Shelley-Hertzberg Act) .

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