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Current as of January 01, 2023 | Updated by FindLaw Staff
As used in this chapter:
(a) “Bonds” means revenue bonds, notes, including commercial paper notes or other forms of negotiable short-term indebtedness, or bond anticipation notes issued to finance prison facilities, interest during construction of prison facilities, reserve funds, and costs of issuance of the bonds, as the board may determine.
(b) “Lease pledge” means the pledge of the board of moneys for payment under the prison facilities lease.
(c) “Lease-purchase financing” means the financing of prison facilities from the proceeds of the sale of bonds authorized by the board.
(d) “Lessor” means the lessor under any prison facilities lease and any trustee on behalf of the lessor.
(e) “Prison facilities lease” means any lease of a prison facility entered into by the Director of Corrections with the board pursuant to this chapter.
(f) “Prison facility” means real property, fixtures, furnishings, equipment, and related improvements for the following facilities:
(1) State prison--Amador County.
(2) Southern Maximum Security Complex.
(3) California State Prison--Corcoran (as authorized by Section 6 of Chapter 931 of the Statutes of 1985).
Cite this article: FindLaw.com - California Code, Government Code - GOV § 15819.1 - last updated January 01, 2023 | https://codes.findlaw.com/ca/government-code/gov-sect-15819-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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