reglab/housing_qa huggingface dataset:
CA Govt Code § 43732.5 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43732.5.

43732.5.  (a) Prior to the issuance by a city of bonds pursuant to this chapter, the legislative body may elect, by resolution, to guarantee payment on outstanding bonds of the city issued pursuant to this chapter in accordance with the following:(1) A city that elects to participate under this section shall provide notice to the Controller of that election, which notice shall include a schedule for the repayment of principal and interest on the bonds, and identify a bond trustee appointed by the city for the purposes of this section.(2) In the event that, for any reason, the amount of tax revenues made available pursuant to this article for the payment of principal and interest of the bonds will not be sufficient for that purpose at the time payment on principal, interest, or both, is required as to any one or more of those bonds, the city shall so notify the bond trustee. The bond trustee shall immediately communicate that information to the affected bondholder or bondholders and to the Controller.(3) When the Controller receives notice from the trustee as described in paragraph (2), or the amount of tax revenues made available pursuant to this article for the payment of principal and interest of the bonds is not sufficient for that purpose at the time payment on principal, interest, or both, is required as to any one or more of those bonds, the Controller shall make an apportionment to the bond trustee in the amount of that required payment for the purpose of making that payment. The Controller shall make that payment only from moneys credited to the Motor Vehicle License Fee Account in the Transportation Tax Fund to which that city is entitled at that time under Chapter 5 (commencing with Section 11001) of Part 5 of Division 2 of the Revenue and Taxation Code, and shall thereupon reduce, by the amount of the payment, the subsequent allocation or allocations to which the county would otherwise be entitled under that chapter.(4) A city shall be entitled to reimbursement, from tax revenues collected pursuant to this article, in an amount equal to the amount by which its allocation or allocations under Chapter 5 (commencing with Section 11001) of Part 5 of Division 2 of the Revenue and Taxation Code are reduced pursuant to subdivision (c). (b) This section shall not be construed to obligate the State of California to make any payment to a city from the Motor Vehicle License Fee Account in the Transportation Tax Fund in any amount or pursuant to any particular allocation formula, or to make any other payment to a city, including, but not limited to, any payment in satisfaction of any debt or liability incurred or guaranteed by a city in accordance with this section.(Added by Stats. 1990, Ch. 1177, Sec. 4. Effective September 24, 1990.)
CA Govt Code § 43733 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43733.

43733.  Bonds to fund or refund the indebtedness shall not be issued unless authorized by the electors of the city voting at an election to be called and held for that purpose, in either of the following cases:(a) When the indebtedness is evidenced by warrants or by judgment obtained for indebtedness or liability incurred by the city exceeding the income and revenue provided for the year in which the indebtedness or liability was incurred.(b) When the indebtedness is that of any department, board, or special fund of the city, and has been incurred without submission of the proposition of incurring the indebtedness to the city electors, and without the assent of two-thirds of the electors voting at an election held for that purpose.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43734 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43734.

43734.  The election shall be called and held pursuant to Article 1 of this chapter.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43735 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43735.

43735.  The ordinance calling the election shall recite the object and purposes for which the bonded indebtedness is to be incurred.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43736 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43736.

43736.  When it is proposed to refund any outstanding bonded indebtedness of a city upon terms which permit any number of the refunding bonds to mature more than forty years from the time the original indebtedness was incurred, the proposition of refunding the indebtedness shall be submitted to the electors of the city at an election held for that purpose, and the assent of two-thirds of the electors voting at such election is necessary to authorize the issuance of the refunding bonds. The election shall be called and held in the manner of other elections under this article.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43737 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43737.

43737.  The proceeds from the sale of the bonds shall be applied by the treasurer to the satisfaction of the judgment or the refunding of the indebtedness for which the bonds were issued, or the bonds may be exchanged at their par value for the evidences of indebtedness to be refunded, at their par value.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43738 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43738.

43738.  If the refunding bonds are issued in whole or in part to refund before maturity an indebtedness evidenced by bonds, notes, or other evidences of indebtedness, which according to their terms are subject to call or payment before maturity at a price in excess of par, the refunding bonds may be exchanged at not less than their par value for such other bonds, notes, or evidences at the price specified therein for payment before maturity, subject to adjustment of accrued interest to the date of exchange.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43740 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43740.

43740.  When sufficient money is in the funding fund to redeem one or more outstanding past due bonds, warrants, judgments, notes, or other evidences of indebtedness or to redeem one or more of the outstanding bonds, warrants, notes, or other evidences of indebtedness which are subject to call or payment before maturity, and which are proposed to be funded or refunded, the treasurer shall publish a notice that he is prepared to pay the bond, warrant, judgment, note, or other evidence of indebtedness (giving its number, if any). The notice shall be published once a week for two weeks in a newspaper of general circulation published in the city, if there is one. If the bond, warrant, judgment, note, or other evidence of indebtedness is not presented for redemption within thirty days after the first publication of the notice, the interest upon it ceases.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43741 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43741.

43741.  At the same time the treasurer shall deposit in the post office a copy of the notice, enclosed in a sealed envelope, postage prepaid, addressed to the registered owner of any such bond, warrant, judgment, note or other evidence of indebtedness, registered pursuant to law, whose address appears upon the record in the treasurer’s office. If the bond, warrant, judgment, note, or other evidence of indebtedness is not presented within the time specified in the notice, the interest upon it ceases, and the amount due shall be set aside for the payment when it is presented.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43742 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43742.

43742.  If any bonds are authorized for funding or refunding before maturity any obligations which by their terms are subject to call and payment before maturity, and which specify the manner in which they shall be called and paid, the call and payment of such obligations shall be in the specified manner.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43743 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43743.

43743.  When any outstanding bonds, warrants, judgments, notes, or other evidences of indebtedness are surrendered and paid, the treasurer shall cancel them by endorsing on their faces the amount for which they are received, “canceled,” and the date of cancellation.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43744 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43744.

43744.  The treasurer shall keep a record of bonds, warrants, judgments, notes, or other evidences of indebtedness redeemed, and report the redemptions to the city legislative body.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43745 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43745.

43745.  If the obligations were issued by, on account of, or against, any department, board, or special fund of the city, he shall make the report to such department, board, or officer having custody of the special fund.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43746 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43746.

43746.  The report shall be made at least once a month, and shall be accompanied by the bonds, warrants, judgments, or other evidences of indebtedness which have been taken up and canceled.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43747 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 3 - Refunding Indebtedness|Section 43747.

43747.  Any money remaining in the funding fund, after all outstanding bonds, warrants, judgments, notes, or other evidences of indebtedness proposed to be refunded have been taken up and canceled, shall be deposited in the fund established for the payment of principal and interest on the refunding bonds and used only for paying such principal or interest as they mature.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43760 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43760.

43760.  This article may be cited as the Investment Bond Act of 1909.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43761 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43761.

43761.  Whenever the public interest or necessity requires, any city may incur a bonded indebtedness to acquire bonds:(a) Issued by the city.(b) Issued by or for any district in the city.(c) Issued for street work or other public improvements in the city under any law providing for the performance of street work or other public improvements or the issuance of bonds to represent or be secured by assessments levied for such work or improvements, including bonds issued under the Improvement Bond Act of 1915 and the Acquisition and Improvement Act of 1925.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43762 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43762.

43762.  It is the intent of the Legislature in adopting this article that the acquisition of such bonds or investments of the general improvement fund shall be for any or all of the following purposes:(a) Aiding or facilitating the making of needed public improvements in the city.(b) Limiting or preventing such increasing of district taxes or assessments as may impair the general tax revenues of the city from any district.(c) Providing means to reduce district indebtedness or assessments represented by or securing bonds.(d) Obtaining collection of delinquent city taxes.(e) Restoring property to the tax rolls in order that city taxes may be collected on such property.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43763 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43763.

43763.  Bonds issued pursuant to this article shall be issued substantially in the manner prescribed by Article 1 of this chapter.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43764 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43764.

43764.  The ordinance calling the election need not contain any statement as to the estimated cost of the proposed public improvement.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43765 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43765.

43765.  If the bonds are to be issued to acquire outstanding bonds, the ordinance shall state generally:(a) What bonds are to be purchased or acquired.(b) The total principal amount of such bonds.(c) The maximum purchase price proposed to be paid for them. The maximum purchase price shall not exceed the amount stated.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43766 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43766.

43766.  The interest rate on the bonds need not be the same during the entire term and different rates may be fixed for one or more interest payments.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43767 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43767.

43767.  The bonds shall not be sold at less than their par value. They may be exchanged at their par value for the outstanding bonds if the outstanding bonds are taken in exchange at a price not exceeding the maximum purchase price stated in the ordinance calling the election.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43768 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43768.

43768.  In the exchange of bonds, interest upon the bonds to be acquired accruing to the date of exchange may be offset against the interest accruing upon the bonds issued pursuant to this article. In the purchase of bonds, interest accruing to date of exchange may be paid.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43769 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43769.

43769.  Bonds issued pursuant to this article shall be redeemed and paid pursuant to Article 1 of this chapter.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43770 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43770.

43770.  Taxes for the payment of the bonds shall be levied pursuant to Article 1 except where any issue of bonds pursuant to this article is to mature at one time.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43771 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43771.

43771.  The legislative body of any city shall keep the funds arising from the sale of bonds pursuant to this article separate and distinct from all other municipal funds in a fund to be called “general improvement fund,” and shall invest and reinvest the money in bonds issued by the city, or bonds issued for street, sewer, drainage, or any other improvements within the city. It shall collect the principal of and interest on such bonds and credit it to the fund.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43772 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43772.

43772.  If the bonds are issued to acquire or to provide funds for the purchase of certain outstanding bonds, they may be used only for that purpose. All of the funds not so used and all sums received in payment of principal or interest of the bonds acquired by the city or received from their sale shall be used for the payment of the principal and interest of the bonds issued pursuant to this article.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43773 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43773.

43773.  At such times as the legislative body determines, it may sell any of the bonds purchased by it. The bonds shall not be sold at a price less than that paid for them.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43774 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43774.

43774.  The purchase price of any bonds sold and the accrued interest on them shall be placed in the general improvement fund and may be reinvested in bonds, or, if such reinvestment is not permitted, shall be used to pay principal and interest of the bonds issued pursuant to this article.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43775 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43775.

43775.  During the time the city owns any district bonds payable from taxes or assessments levied wholly or partially in accordance with the assessed value of the land within the district, the legislative body may omit any sum for the payment of principal and interest past due and unpaid because of delinquencies from the amount of the annual tax or assessment to be levied for the payment of principal and interest of such bonds. It may also limit or omit any sum for anticipated delinquencies. The legislative body may exercise its discretion as to such omission each year. The tax or assessment shall be levied pursuant to the statute under which the bonds acquired were issued, but the total amount of the annual levy may be limited as provided in this section.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43776 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43776.

43776.  When bonds are acquired at less than their par value, the legislative body may reduce the total principal amount of any issue acquired and held by it to a total principal amount to be fixed by ordinance. The reduced total principal amount of the issue shall not be less at par than the total purchase price of the total principal amount of the issue acquired by the legislative body.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43777 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43777.

43777.  The ordinance is subject to referendum as other ordinances and shall designate:(a) The issue of bonds to be reduced.(b) The total principal amount of the issue acquired.(c) The purchase price paid for the bonds.(d) The principal amount of the proposed reduction.(e) The numbers, denominations, and maturity dates of the bonds to be canceled.(f)  The time and place of the proposed cancellation.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43778 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43778.

43778.  At the time and place fixed, the bonds shall be publicly canceled, and the city clerk shall enter on the minutes of the legislative body a record of the bonds canceled sufficient to identify them and the fact and date of their cancellation.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43779 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43779.

43779.  If the bonds canceled are issued under the Improvement Bond Act of 1915, the legislative body shall reduce the principal amount of the assessments securing the bonds to the total principal amount of the unpaid and uncanceled bonds of the same issue.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43780 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43780.

43780.  The reduction of assessments shall be carried out by canceling such proportion of the assessments as is necessary, and the legislative body may provide procedure for such cancellation. The uncanceled portion of the assessments is valid and shall be collected pursuant to the statutes under which the original assessments were levied and bonds issued.(Added by Stats. 1949, Ch. 79.)
CA Govt Code § 43781 (2021)
2021 California Code|Government Code - GOV|TITLE 4 - GOVERNMENT OF CITIES|DIVISION 4 - FINANCIAL PROVISIONS|CHAPTER 4 - Bonds|ARTICLE 4 - Investment Bond Act of 1909|Section 43781.

43781.  When the legislative body of any city has acquired any district bonds pursuant to this article, it may, as an alternative to the procedure prescribed in Sections 43775 to 43780, inclusive, cancel all or any of such district bonds, if in its opinion the public interest and welfare will be better served by such cancellation than by enforcing the lien securing the bonds.(Added by Stats. 1949, Ch. 79.)