Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 7./Title 1.: DIVISION 7. MISCELLANEOUS/Ch. 5.: CHAPTER 5. Joint Exercise of Powers/Art. 4.: ARTICLE 4. Local Bond Pooling/§ 6589.
California Statutes

§ 6589. — 6589. (Amended by Stats. 1987, Ch. 481, Sec. 4.)

California § 6589.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.7.
Title 1.DIVISION 7. MISCELLANEOUS
Ch. 5.CHAPTER 5. Joint Exercise of Powers
Art. 4.ARTICLE 4. Local Bond Pooling

This text of California § 6589. (6589. (Amended by Stats. 1987, Ch. 481, Sec. 4.)) 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 § 6589. (2026).

Text

An authority may enter into a bond purchase agreement with a local agency or agencies. The bond purchase agreement shall specify the maximum rate of interest, the cost of issuance, the amount of required reserve, and the procedure to be used in case of default. Notwithstanding any other provision of law, local agencies may sell their bonds to the authority on a negotiated basis without compliance with any public sale requirement included in the statutes under which the bonds are issued.

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Legislative History

Amended by Stats. 1987, Ch. 481, Sec. 4. Effective September 9, 1987.

Nearby Sections

4
§ 6589.
6589. (Amended by Stats. 1987, Ch. 481, Sec. 4.)
§ 65890.1.
65890.1. (Added by Stats. 1990, Ch. 843, Sec. 1.)
§ 65890.3.
65890.3. (Added by Stats. 1990, Ch. 843, Sec. 1.)
§ 65890.5.
65890.5. (Added by Stats. 1990, Ch. 843, Sec. 1.)
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California § 6589., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/6589..