§ 1704. — 1704. (Amended by Stats. 1993, Ch. 1197, Sec. 8.)

California § 1704.

• Jurisdiction: California
• Code HNC: Harbors and Navigation Code - HNC
• Div. 6.: DIVISION 6. HARBORS AND PORTS
• Part 1.: PART 1. PORT INFRASTRUCTURE FINANCING
• Ch. 2.: CHAPTER 2. Formation and Powers of an Authority

Text

In addition to any purpose authorized under the joint powers law for which bonds may be issued, an authority may issue bonds in the manner set forth in Article 4 (commencing with Section 6584) of Chapter 5 of Division 7 of Title 1 of the Government Code, to finance or refinance any port or harbor infrastructure or to make deposits into the infrastructure fund or any subaccount thereof, except that a nonprofit public benefit corporation may issue bonds only to the extent authorized by a joint powers agreement.

Legislative History

Amended by Stats. 1993, Ch. 1197, Sec. 8. Effective January 1, 1994.