California § 975.2. 975.2. (Added by Stats. 1963, Ch. 1715.)

California Statutes

§ 975.2. — 975.2. (Added by Stats. 1963, Ch. 1715.)

California § 975.2.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.3.6.

Title 1.DIVISION 3.6. CLAIMS AND ACTIONS AGAINST PUBLIC ENTITIES AND PUBLIC EMPLOYEES

Part 5.PART 5. PAYMENT OF CLAIMS AND JUDGMENTS

Ch. 2.CHAPTER 2. Payment of Judgments Against Local Public Entities

Art. 2.ARTICLE 2. Funding Judgments With Bonds

This text of California § 975.2. (975.2. (Added by Stats. 1963, Ch. 1715.)) 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 § 975.2. (2026).

Text

Whenever the board deems it necessary for the local taxing entity to incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity, it shall by resolution state:

(a)The necessity for the indebtedness.

(b)The purpose for which the proposed debt is to be incurred.

(c)The amount of the proposed debt.

(d)The time and place for a hearing by the board on the question whether the local taxing entity should incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity.

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Whenever the board deems it necessary for the local taxing entity to incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity, it shall by resolution state:
(a)
The necessity for the indebtedness.
(b)
The purpose for which the proposed debt is to be incurred.
(c)
The amount of the proposed debt.
(d)
The time and place for a hearing by the board on the question whether the local taxing entity should incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity.