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Current as of January 01, 2025 | Updated by Findlaw Staff
The following terms shall have the following meanings:
(a) “Local agency” means public district, public corporation, authority, agency, board, commission, county, city and county, city, school district, any other public entity, or any improvement district or zone thereof.
(b) “Revenue bonds” means any of the following:
(1) Bonds, warrants, notes, or other evidence of indebtedness of a local agency payable from funds other than the proceeds of ad valorem taxes or the proceeds of assessments levied without limitation as to rate or amount by the local agency upon property in the local agency.
(2) Bonds, notes, interim certificates, debentures, or other obligations of a redevelopment agency, including, but not limited to, obligations payable in whole or in part from taxes allocated to, and paid into, a special fund of the agency pursuant to Article 6 (commencing with Section 33670) ofChapter 6of Part 1 of Division 24 of the Health and Safety Code.
Cite this article: FindLaw.com - California Code, Government Code - GOV § 53570 - last updated January 01, 2025 | https://codes.findlaw.com/ca/government-code/gov-sect-53570/
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 before relying on it for your legal needs.
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