California Statutes

§ 54016. — 54016. (Added by Stats. 2017, Ch. 365, Sec. 3.)

California·Code HSC Health and Safety Code - HSC·Div. 31. DIVISION 31. HOUSING AND HOME FINANCE·Part 16. PART 16. Veterans and Affordable Housing Bond Act of 2018·Ch. 3. CHAPTER 3. Fiscal Provisions
Upon request of the board stating that funds are needed for purposes of this part, the committee shall determine whether or not it is necessary or desirable to issue bonds, and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out those actions progressively, and are not required to be sold at any one time. Bonds may bear interest subject to federal income tax.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 54016. (54016. (Added by Stats. 2017, Ch. 365, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2017, Ch. 365, Sec. 3. Approved in Proposition 1 at the November 6, 2018, election; effective November 7, 2018.
View on official source ↗