LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeWater CodeDiv. 7Ch. 10.2§ 13843 Bond Issuance For Arrangements

§ 13843 Bond Issuance For Arrangements

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

§ 13843 Bond Issuance For Arrangements

Key Takeaways

  • •The government can ask to borrow money (by selling bonds) to pay for important projects.
  • •A special group (the committee) decides if borrowing the money is a good idea and how much is needed.
  • •They don’t have to borrow all the money at once—they can do it in smaller amounts over time.

Example

Imagine your town needs a new park, but it’s too expensive to pay for all at once.

The town asks a group of people to decide if they should borrow money to build the park. The group says yes but only for half the park now. Later, they can borrow more to finish it.

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

Official Source
View on CA.gov

§ 13843 Bond Issuance For Arrangements

Upon request of the department, supported by a statement of the proposed arrangements to be made pursuant to Section 13819 for the purposes stated therein, the committee shall determine whether or not it is necessary or desirable to issue any bonds authorized under this chapter in order to make those arrangements, and, if so, the amount of bonds then to be issued and sold. Successive issues of bonds may be authorized and sold to make those arrangements progressively, and it shall not be necessary that all of the bonds authorized to be issued shall be sold at any one time. (Added by Stats. 1984, Ch. 378, Sec. 1. Approved in Proposition 28 at the November 6, 1984, election.)

Last verified: January 23, 2026

Key Terms

bondscommitteedepartmentSection 13819

Related Statutes

  • § 13814 Bond Issuance And Repayment
  • § 13844 Bond Sale Authorization
  • § 13873 Bond Issuance Authorization Process
  • § 13898.3 Bond Issuance For Arrangements
  • § 13821 Grant Application Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Water Code. Section 13843.
View Official Source