Cal. Pub. Resources Code § 80171

Current through the 2024 Legislative Session.
Section 80171 - Reimbursement for cost of bond issuance

Pursuant to Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code, the cost of bond issuance shall be paid or reimbursed out of the bond proceeds, including premiums, if any. To the extent the cost of bond issuance is not paid from premiums received from the sale of bonds, these costs shall be allocated proportionally to each program funded through this division by the applicable bond sale.

Ca. Pub. Res. Code § 80171

Added by Stats 2017 ch 852 (SB 5),s 3, eff. upon approval by the voters, 6/5/2018.