California Statutes
§ 53582. — 53582. (Amended by Stats. 1985, Ch. 1033, Sec. 11.)
California § 53582.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 3.CHAPTER 3. Bonds
Art. 11.ARTICLE 11. Provisions Applicable to All Refunding Bonds of All Local Agencies
This text of California § 53582. (53582. (Amended by Stats. 1985, Ch. 1033, Sec. 11.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Government Code - GOV Code § 53582. (2026).
Text
The proceedings of any local agency authorizing the issuance of bonds shall not require the deposit of any more moneys, obligations, and federal securities as are sufficient, taking into account both the principal amount of the moneys, obligations, and securities and the interest to become due thereon, to implement the refunding of those bonds. Federal securities and the interest thereon shall be used to satisfy any requirement of cash, money, specie, or lawful money in any proceeding conducted by a local agency before September 19, 1975.
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Legislative History
Amended by Stats. 1985, Ch. 1033, Sec. 11. Effective September 27, 1985.
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Bluebook (online)
California § 53582., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53582..