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HomePublic Utilities CodeDiv. 6Ch. 6.5Art. 4§ 13105 Bond Issuance Voter Approval

§ 13105 Bond Issuance Voter Approval

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 13105 Bond Issuance Voter Approval

Key Takeaways

  • •If no one complains within 60 days, the plan to issue bonds goes ahead.
  • •If voters agree to the bond plan, either by voting or other rules, the plan is approved.
  • •Once approved, the board can start issuing bonds as planned.

Example

A city wants to build a new park and needs money, so they plan to issue bonds.

If no one objects within 60 days, or if the voters say yes to the plan, the city can go ahead and issue the bonds to build the park.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 13105 Bond Issuance Voter Approval

If no such referendary petition is presented within the aforesaid period of 60 days, then upon the expiration of said period, or if the proposition of issuing the bonds specified in the resolution of the board adopted pursuant to this article has been assented to by the voters, whether upon referendum or pursuant to any other provisions of this chapter, then upon such proposition having been so assented to, the resolution shall take full and final effect, and the board may proceed in accordance with the provisions of this chapter and issue bonds within the terms of the resolution. (Added by Stats. 1957, Ch. 2237.)

Last verified: January 23, 2026

Key Terms

referendary petitionresolutionbondsvotersboard

Related Statutes

  • § 13104 Bond Resolution Referendum Process
  • § 13103 Bond Issuance Referendum Rights
  • § 13106 Bondholder Contract Enforcement
  • § 13107 District Voter Approval Process
  • § 13142 Bond Modification Consent Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 13105.
View Official Source