California Government Code

§ 6599.1

GOV § 6599.1 Effective Jan 1, 2003Div. 7 · Title 1 · Ch. 5 · Art. 4

Statute text

(a)The legislative body shall, no later than 30 days prior to the sale of any bonds pursuant to this article, give written notice of the proposed sale to the California Debt and Investment Advisory Commission by mail, postage prepaid, as required by Chapter 11.5 (commencing with Section 8855) of Division 1 of Title 2.

(b)Beginning January 1, 1996, each year after the sale of any bonds by the authority for the purpose of acquiring local obligations, the legislative body shall, not later than October 30 of each year until the final maturity of the bonds, supply the following information to the California Debt and Investment Advisory Commission by mail, postage prepaid:

(1)The principal amount of bonds outstanding, both authority bonds and local obligations acquired with the proceeds of authority bonds.

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Legislative history

Amended by Stats. 2002, Ch. 454, Sec. 4. Effective January 1, 2003.