California Statutes
§ 6547.5. — 6547.5. (Added by Stats. 1985, Ch. 868, Sec. 3.)
California·Code GOV Government Code - GOV·Div. 7.·Title 1. DIVISION 7. MISCELLANEOUS·Ch. 5. CHAPTER 5. Joint Exercise of Powers·Art. 2. ARTICLE 2. Power to Issue Revenue Bonds
A joint powers entity created pursuant to this chapter may issue revenue bonds pursuant to this article upon authorization by ordinance of only those individual parties to the joint powers agreement which contract to make payments to be applied to the payment of the revenue bonds, provided that the nonparticipating parties to the agreement incur no financial obligations under the issuance.
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California § 6547.5. (6547.5. (Added by Stats. 1985, Ch. 868, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1985, Ch. 868, Sec. 3. Effective September 23, 1985.