Cal. Gov. Code § 63085

Current through the 2023 Legislative Session.
Section 63085 - Legal opinion from private counsel prior to sale

Whenever the bank deems that it will increase the salability or the price of the bonds to obtain, prior to or after sale, a legal opinion from private counsel as to the validity or tax-exempt nature of the bonds, the bank may obtain a legal opinion. Payment for legal services may be made out of the proceeds of the sale of the bonds.

Ca. Gov. Code § 63085

Added by Stats. 1998, Ch. 4, Sec. 22. Effective January 1, 1999.