California § 481.1. 481.1. (Added by Stats. 1978, Ch. 1274.)

California Statutes

§ 481.1. — 481.1. (Added by Stats. 1978, Ch. 1274.)

California § 481.1.

JurisdictionCalifornia

Code MVCMilitary and Veterans Code - MVC

Div. 2.DIVISION 2. THE MILITARY FORCES OF THE STATE

Part 1.PART 1. THE STATE MILITIA

Ch. 10.CHAPTER 10. California National Guard Members’ Revenue Bond Act of 1978

Art. 2.ARTICLE 2. Authorization and Issuance of Bonds

This text of California § 481.1. (481.1. (Added by Stats. 1978, Ch. 1274.)) 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. Military and Veterans Code - MVC Code § 481.1. (2026).

Text

Whenever the department determines that revenue bonds should be issued, it shall adopt a resolution of issuance, which shall be executed for the department by the Commanding General of the California National Guard. Each resolution of issuance so adopted by the department shall be submitted to the California National Guard Finance Committee which shall consider and approve or disapprove any resolution of issuance so submitted. Upon such approval, by a resolution adopted by a majority of the members of the California National Guard Finance Committee, the resolution of issuance shall become effective and the State Treasurer shall cause the revenue bonds authorized thereunder to be prepared in accordance with the terms of the resolution of issuance.

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Whenever the department determines that revenue bonds should be issued, it shall adopt a resolution of issuance, which shall be executed for the department by the Commanding General of the California National Guard. Each resolution of issuance so adopted by the department shall be submitted to the California National Guard Finance Committee which shall consider and approve or disapprove any resolution of issuance so submitted. Upon such approval, by a resolution adopted by a majority of the members of the California National Guard Finance Committee, the resolution of issuance shall become effective and the State Treasurer shall cause the revenue bonds authorized thereunder to be prepared in accordance with the terms of the resolution of issuance.