California Government Code

§ 63085

GOV § 63085 Effective Jan 1, 1999Div. 1 · Title 6.7 · Ch. 5

Statute text

Whenever the bank deems that it will increase the salability or the price of the bonds to obtain, prior to or after sale, a legal opinion from private counsel as to the validity or tax-exempt nature of the bonds, the bank may obtain a legal opinion. Payment for legal services may be made out of the proceeds of the sale of the bonds.

Legislative history

Added by Stats. 1998, Ch. 4, Sec. 22. Effective January 1, 1999.