Cal. Sts. & Hy. Code § 27556

Current through the 2023 Legislative Session.
Section 27556 - Issuance of general obligation bonds, revenue bonds, or other form of long-term indebtedness

Except for the necessity to finance its interim system of buses and ferries, as described in Section 27551, or the necessity to finance capital improvements or modifications relating to seismic safety of the bridge, the district shall not issue general obligation bonds, revenue bonds, or any other form of long-term indebtedness.

Ca. Sts. and High. Code § 27556

Amended by Stats. 1992, Ch. 166, Sec. 1. Effective July 13, 1992.