California Government Code
§ 975.2
GOV § 975.2Div. 3.6 · Title 1 · Part 5 · Ch. 2 · Art. 2
Statute text
View on leginfo.ca.govWhenever 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.
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Legislative history
Added by Stats. 1963, Ch. 1715.