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HomeWater CodeDiv. 6Pt. 3Ch. 8Art. 5§ 11750 Bond Issuance Authority

§ 11750 Bond Issuance Authority

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

§ 11750 Bond Issuance Authority

This law lets the government sell bonds to raise money when they need it for approved projects.

Key Takeaways

  • •The government can sell bonds to raise money for projects.
  • •They can do this whenever they think it's needed.
  • •The money must be used for approved purposes.

Example

The city wants to build a new park but doesn't have enough money right now.

The government can sell bonds to get the money needed to build the park.

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

Official Source
View on CA.gov

§ 11750 Bond Issuance Authority

Bonds may be issued and sold from time to time and in such amounts as may be deemed necessary in the judgment of the department to provide sufficient funds for the purposes authorized by this chapter. (Amended by Stats. 1991, 1st Ex. Sess., Ch. 5, Sec. 4. Effective June 6, 1991.)

Last verified: January 11, 2026

Key Terms

Bondsdepartmentsufficient fundspurposes authorized

Related Statutes

  • § 11751 Bond Sale Minimum Price
  • § 11754 Bond Sale Procedures
  • § 11705 Central Valley Project Bonds
  • § 11720 Central Valley Project Bonds
  • § 11721 Bond Payment Revenue Security

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Water Code. Section 11750.
View Official Source