California Public Resources Code

§ 49160

PRC § 49160Div. 30 · Part 8 · Ch. 2 · Art. 7

Statute text

No general obligation bonds shall be issued by the district unless the issuance thereof is approved by the electors of the district at a special election as provided in this article. If the district board finds that it is necessary to incur a bonded indebtedness to obtain funds with which to carry out the purposes of the district, it may submit the proposition to the voters of the district. For that purpose, a special election shall be called by resolution.

Legislative history

Added by Stats. 1989, Ch. 1095, Sec. 22.