reglab/housing_qa huggingface dataset:
CA Govt Code § 16948 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16948.

16948.  (a) The resolution, certificate, or other instrument of the committee authorizing the issuance of the bonds may provide, or the committee may delegate to the Treasurer, as agent for sale of the bonds, responsibility to determine, any or all of the following for the bonds:(1) The form of the bonds, which may be issued as serial bonds, term bonds, or installment bonds, or any combination of those.(2) The date to be borne by any bonds.(3) The time of maturity of any bonds, which maturities may be before or after the term of the related pension obligation to be funded or refunded.(4) The interest, fixed or variable, to be borne by the bonds.(5) The time that the bonds shall be payable.(6) The denominations, form, and registration privileges of the bonds.(7) The manner of execution of the bonds.(8) The place the bonds are payable, which may include any paying agent within or outside of the state.(9) The terms of redemption of the bonds.(10) The establishment of funds and accounts to be held by a trustee to provide for payment or security for the bonds or ancillary obligations or related costs.(11) Any other terms and conditions deemed necessary by the committee.(b) Pursuant to Section 5702, the Treasurer shall serve as agent for the offer and sale of the bonds. The bonds may be sold at either a competitive or negotiated sale, at times and at prices, for consideration, and with all other terms and conditions as the Treasurer, in his or her capacity as agent for sale of the bonds, shall determine.(c) The Treasurer is authorized to invest or direct the investment of any amounts held in trust for payment of the bonds in any securities or obligations authorized pursuant to Chapter 3 (commencing with Section 16430) of Part 2, as amended from time to time.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16949 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16949.

16949.  The proceeds of the bonds shall be applied to the funding or refunding of pension obligations, or refunding of bonds previously issued under this chapter, together with all costs of issuing the bonds and refunding pension obligations or prior bonds and the costs of any ancillary obligation. Notwithstanding Sections 20822 and 20824, or any other provision of law, the proceeds of the bonds may be applied to the prepayment of pension obligations.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16950 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16950.

16950.  When proceeds of bonds issued pursuant to this chapter are used to pay the state’s pension obligations to the retirement system for members whose compensation is paid from a fund other than the General Fund, the Controller shall, notwithstanding any other provision of law, transfer quarterly from the special fund or nongovernmental cost fund to the General Fund an amount equal to the quarterly pension obligations paid from bond proceeds with respect to those members, as certified by the Director of Finance and authorized in any appropriation item or in any category thereof.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16951 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16951.

16951.  When proceeds of bonds issued pursuant to this chapter are used to pay the state’s pension obligations to the retirement system for members whose compensation is paid from the General Fund, the Controller shall, notwithstanding any other provision of law, abate quarterly to the General Fund an amount equal to the quarterly pension obligations paid from bond proceeds with respect to those members, as certified by the Director of Finance and authorized in any General Fund appropriation item or in any category thereof.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16952 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16952.

16952.  In the discretion of the committee, any bonds issued under this chapter may be secured by a trust agreement, indenture, or resolution between the state and any trustee, which may be the Treasurer or any trust company or bank having the powers of a trust company chartered under the laws of any state or the United States and designated by the Treasurer. The trust agreement, indenture, or resolution may contain provisions for protecting and enforcing the rights and remedies of the bond owners as may be reasonable and not in violation of law. Any trust agreement, indenture, or resolution may set forth the rights and remedies of the bond owners and of the trustee and may restrict the individual right of action by bond owners. In addition to the foregoing, any trust agreement, indenture, or resolution may contain other provisions as the committee may deem reasonable for the security of the bond owners, including, but not limited to, provisions specifying the date or dates on which debt service payments on the bonds shall be transferred to the trustee. Any trust accounts created by the trust agreement, indenture, or resolution may be held outside the State Treasury.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16953 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16953.

16953.  The committee may provide for the issuance of bonds any portion of which is to be used for the purpose of refunding outstanding bonds issued to fund or refund pension obligations, including the payment of the principal thereof and interest and redemption premiums, if any. The proceeds of bonds issued to refund any outstanding bonds may be applied to the retirement of those outstanding bonds at maturity, or the redemption, on any redemption date, or purchase of those outstanding bonds prior to maturity, subject to the terms and conditions as the committee deems advisable.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16954 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 2 - Issuance of Bonds to Finance the Program|Section 16954.

16954.  The net proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the Pension Obligation Bond Fund established pursuant to Section 16929.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16955 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16955.

16955.  This chapter, being necessary for the health, welfare, and safety of the state and its residents, shall be liberally construed to effect its purposes.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16956 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16956.

16956.  This chapter shall be deemed to provide a complete and alternative authorization to take the actions necessary to implement this chapter, and shall be regarded as supplemental and additional to the powers conferred by other laws. The issuance of the bonds and their terms, the application of proceeds to the funding or refunding of pension obligations or prior bonds, and the entering into of any ancillary obligation under this chapter need not comply with the requirements of any other law applicable to the issuance of bonds or ancillary obligations, including, but not limited to, the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720)). The purposes authorized by this chapter may be effectuated and bonds are authorized to be issued for any purposes under this chapter notwithstanding that any other law may provide for those purposes or for the issuance of bonds for like purposes and without regard to the requirements, restrictions, limitations, or other provisions contained in any other law.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16957 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16957.

16957.  Section 10295 of the Public Contract Code and Article 4 (commencing with Section 10335) of Chapter 2 of Part 2 of Division 2 of the Public Contract Code do not apply to agreements entered into by the committee, or any individual to whom the committee delegates contracting authority, in connection with the sale of bonds or other matters authorized under this chapter.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16958 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16958.

16958.  Bonds issued pursuant to this chapter are a legal investment for any state special fund or trust fund, notwithstanding any provision of law limiting the investments that may be made by the fund. The bonds shall be legal investments in which all public officers and public bodies of the state, its political subdivisions, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, banking institutions, including savings and loan associations, building and loan associations, trust companies, savings banks and savings associations, investment companies, and other persons carrying on banking business, all administrators, guardians, executors, trustees, and other fiduciaries, and all persons authorized to invest in bonds or other obligations of the state, may properly and legally invest funds, including capital, in their control or belonging to them. The bonds may be used by any private financial institution, person, or association as security for public officers and bodies of the state or any agency or political subdivision of the state and all municipalities and public corporations for any purpose for which the deposit of bonds or other obligations of the state is authorized by law, including deposits to secure public funds.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16959 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16959.

16959.  The committee may bring an action to determine the validity of any bonds to be issued, or any ancillary obligations and other contracts to be entered into, under this chapter pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure. For the purposes of Section 860 of the Code of Civil Procedure, any action initiated pursuant to this section shall be brought in the Superior Court of the County of Sacramento.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 16960 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 8 - The California Pension Restructuring Bond Act of 2004|ARTICLE 3 - Miscellaneous Provisions|Section 16960.

16960.  Notwithstanding Section 13340, there is hereby continuously appropriated, without regard to fiscal year, from the General Fund for the purposes of this chapter, an amount, subject to the limitations of this chapter, that equals the sum annually that is necessary to pay all obligations, including principal, interest, costs, expenses, rebate, legal, commitment, or other fees, and all other amounts incurred by the state under or in connection with bonds and any ancillary obligations payable entered into by the state. The amount hereby appropriated each fiscal year to pay principal on any bonds issued pursuant to this chapter and any ancillary obligations associated therewith may not exceed the outstanding principal amount of all bonds issued pursuant to this chapter. The amount appropriated each fiscal year to pay interest on any bonds issued pursuant to this chapter and any ancillary obligations associated therewith may not exceed 15 percent per annum of the outstanding amount of all bonds issued pursuant to this chapter. The amount hereby appropriated each year to pay costs, expenses, rebate, legal, commitment, or other fees and other amounts of any ancillary obligations may not exceed 5 percent per annum of the outstanding amount of all bonds issued pursuant to this chapter. Expenditures pursuant to this section shall reflect the efforts of the state to secure financing that results in the least cost to the state after considering both short-term and long-term financing costs.(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)
CA Govt Code § 17000 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17000.

17000.  Every warrant shall be drawn by the Controller upon the fund out of which it is payable, and such fund shall be designated thereon.(Amended by Stats. 1947, Ch. 261.)
CA Govt Code § 17002 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17002.

17002.  Before delivering a warrant to the payee, the Controller shall, upon request, permit the Treasurer to endorse upon or attach to the warrant an order designating the place where it may be paid. At the option of the Treasurer, warrants may be made payable at his office or at some bank at which money of the State is deposited.(Added by Stats. 1945, Ch. 120.)
CA Govt Code § 17004 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17004.

17004.  Unless otherwise requested, the Controller may mail a warrant to the last known address of the claimant, and the signature of the payee on the warrant is a sufficient receipt.(Added by Stats. 1945, Ch. 120.)
CA Govt Code § 17004.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17004.5.

17004.5.  Each warrant issued by the Controller payable pursuant to Sections 21235, 21236, and 21237 from the Investment Dividend Disbursement Account in the Public Employees’ Retirement Fund to a retiree or beneficiary of the Public Employees’ Retirement System shall be accompanied by a statement in at least 10-point print that shall advise at a minimum that:(a) The benefits are paid quarterly and are paid solely from any moneys then available in the Investment Dividend Disbursement Account (IDDA). Current law provides that the last payment will be made on October 1, 1993.(b) Moneys become available in the Investment Dividend Disbursement Account (IDDA) only when the investment earnings exceed the earnings forecasted by the actuaries and adopted by the Board of Administration of the Public Employees’ Retirement System.(c) The increases are subject to some variation, are not cumulative, and will not be included in your base allowance entitlement, are not subject to any cost-of-living adjustments, and may be discontinued or reduced if sufficient funds are not available.(Added by Stats. 1987, Ch. 123, Sec. 1.)
CA Govt Code § 17004.6 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17004.6.

17004.6.  Each warrant issued by the Controller payable pursuant to Section 24701 or 24702 of the Education Code to a retirant or beneficiary of the State Teachers’ Retirement System, shall be accompanied by a statement in at least 10-point print that shall advise at a minimum that:(a) The warrant associated with this stub provides a quarterly payment from funds made available during the current fiscal year to help offset the effects of inflation on your normal monthly allowance from the State Teachers’ Retirement System (STRS).(b) These payments are not cumulative, are not part of the base retirement allowance, and are made only when funds are available for this purpose.(c) In order for payments to be made pursuant to Section 24701 of the Education Code, funds must be appropriated each fiscal year as part of the Budget Act of the State of California.(d) Funding for the supplemental payments made pursuant to Section 24702 of the Education Code comes from the net revenues received from the use of school lands and lieu lands in the State of California. The amount of the supplemental payment to each eligible individual is calculated in September. The payments are made on October 1, January 1, April 1, and July 1, for the current fiscal year.(Amended by Stats. 1988, Ch. 160, Sec. 62.)
CA Govt Code § 17005 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17005.

17005.  The Controller shall keep a register of warrants showing the fund upon which each is drawn, its number, in whose favor, and the appropriation applicable to its payment. He shall preserve all warrants delivered to him by the Treasurer.(Amended by Stats. 1955, Ch. 474.)
CA Govt Code § 17006 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17006.

17006.  The Controller shall, on each business day, furnish the Treasurer with a report of the total number and amount of warrants drawn by him upon each fund in the State Treasury since the date of his last report.(Amended by Stats. 1955, Ch. 474.)
CA Govt Code § 17007 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 1 - Form, Procedure|Section 17007.

17007.  The Controller may, from time to time, provide that funds shall be designated by name, code number, letter, or combination of number and letter, on warrants issued by him, and in reports, statements, lists or tabulations furnished by him to the Treasurer, or by the Treasurer to him.(Added by Stats. 1949, Ch. 382.)
CA Govt Code § 17050 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 3 - Payment|Section 17050.

17050.  Whenever any state officer or employee accepts payment from a revolving fund of a state agency pursuant to Section 16401, the person authorized to make payments from such revolving fund may indorse any warrant of the Controller drawn in payment of a claim submitted by such state agency or revolving fund check drawn by such state agency made payable to such state officer or employee, on behalf of and in such payee’s name for deposit in and reimbursement of such revolving fund and payment of any balance to such payee. The indorsement shall indicate that it is for the purpose of reimbursing a revolving fund pursuant to this section.(Amended by Stats. 1953, Ch. 159.)
CA Govt Code § 17051 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 3 - Payment|Section 17051.

17051.  Whenever any warrant is drawn in favor of a payee having a claim against the State and is delivered to a State agency for delivery to a payee, and prior to delivery to the payee any facts or circumstances exist which would affect the validity or alter the amount of the claim, the person authorized to make payments out of any funds under the direct control of the State agency may indorse and deposit the warrant in the treasury to the credit of the fund or appropriation upon which it was drawn or deposit it to the credit of the appropriate account under his control. Where such a warrant is deposited to the account under the control of the State agency, it shall, when necessary, pay the portion of the claim then due and payable and return the balance to the treasury to the credit of the fund or appropriation upon which the warrant was drawn.(Added by Stats. 1945, Ch. 120.)
CA Govt Code § 17051.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 3 - Payment|Section 17051.5.

17051.5.  A state agency shall notify the Treasurer not to pay a warrant drawn by the Controller upon that agency’s request whenever that agency has reason to believe that the Controller has drawn or is about to draw his or her warrant without legal authority, for a larger amount than is owed by the state, or in a manner not in conformity with the regulations adopted by the Department of General Services for the presentation and audit of claims. Upon notification from a state agency as described in this section, the Treasurer shall refuse payment of the subject warrant until he or she is otherwise directed by the agency or the Legislature.(Amended by Stats. 2016, Ch. 31, Sec. 142. (SB 836) Effective June 27, 2016.)
CA Govt Code § 17052 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 4 - WARRANTS|CHAPTER 1 - General|ARTICLE 3 - Payment|Section 17052.

17052.  The indorsements authorized by this article may be accepted by the Treasurer and he may pay such warrants.(Added by Stats. 1945, Ch. 120.)