California Health and Safety Code

§ 34169

HSC § 34169 Effective Jun 29, 2011Div. 24 · Part 1.8 · Ch. 2

Statute text

Until successor agencies are authorized pursuant to Part 1.85 (commencing with Section 34170), redevelopment agencies shall do all of the following:

(a)Continue to make all scheduled payments for enforceable obligations, as defined in subdivision (d) of Section 34167.

(b)Perform obligations required pursuant to any enforceable obligations, including, but not limited to, observing covenants for continuing disclosure obligations and those aimed at preserving the tax-exempt status of interest payable on any outstanding agency bonds.

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Legislative history

Added by Stats. 2011, 1st Ex. Sess., Ch. 5, Sec. 6. (AB 26 1x) Effective June 29, 2011.