Cal. Code Regs. tit. 22 § 57003

Current through Register 2025 Notice Reg. No. 2, January 10, 2025

Section 57003 - Debt Service

"Debt service" means principal and interest paid to holders of revenue bonds issued for the purpose of financing capital expenditure projects. Debt service may also include but is not limited to other debt service costs such as credit enhancement, debt service reserve funds, trustee fees, liquidity letters of credit, bond counsel or other costs of bond funding which may or may not be capitalized and reflected in the principal portion of debt service.

Cal. Code Regs. Tit. 22, § 57003

1. New section filed 10-5-89 as an emergency; operative 10-5-89 (Register 89, No. 41). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 2-2-90.
2. New section filed 2-9-90 as an emergency; operative 2-6-90 (Register 90, No. 11). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-6-90.
3. Certificate of Compliance as to 2-6-90 order including amendments transmitted to OAL 6-5-90 and filed 6-22-90 (Register 90, No. 34).

Note: Authority cited: Sections 10725, 14105 and 14124.5, Welfare and Institutions Code. Reference: Section 14085.5, Welfare and Institutions Code.

1. New section filed 10-5-89 as an emergency; operative 10-5-89 (Register 89, No. 41). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 2-2-90.
2. New section filed 2-9-90 as an emergency; operative 2-6-90 (Register 90, No. 11). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-6-90.
3. Certificate of Compliance as to 2-6-90 order including amendments transmitted to OAL 6-5-90 and filed 6-22-90 (Register 90, No. 34).