reglab/housing_qa huggingface dataset:
CA Pub Util Code § 12844 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6 - Indebtedness|Section 12844.

12844.  A district may accept, without limitation by any other provisions of this division requiring approval of indebtedness, contributions or loans from the United States, or any department, instrumentality, or agency thereof, for the purpose of financing the construction, maintenance, and operation of any enterprise in which the district is authorized to engage, and may enter into contracts and cooperate with, and accept cooperation from, the United States, or any department, instrumentality, or agency thereof, in the construction, maintenance, and operation, and in financing the construction, maintenance, and operation, of any such enterprise in accordance with any legislation which Congress may have heretofore adopted or may hereafter adopt, under which aid, assistance, and cooperation may be furnished by the United States in the construction, maintenance, and operation or in financing the construction, maintenance, and operation of any such enterprise. A district may do any and all things necessary in order to avail itself of such aid, assistance, and cooperation under any federal legislation now or hereafter enacted. Any evidence of indebtedness issued under this section shall constitute a negotiable instrument.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12850 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12850.

12850.  This article shall apply only to districts which have owned and operated an electric distribution, water distribution, or sewage disposal system for at least eight years and which have a population of 250,000 or more.(Amended by Stats. 1979, Ch. 399.)
CA Pub Util Code § 12851 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12851.

12851.  A district may, from time to time, issue bonds in accordance with the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), as it now reads or as hereafter amended, for the purpose of financing the construction, reconstruction, replacement, acquisition, or improvement of any facility or facilities necessary or convenient for the generation, transmission, or distribution of electricity; the storage, transmission, or distribution of water; the furnishing of communications services; or the disposal of sewage; or incidental to, or in connection with, the operation of the electric, water, communications, or sewage disposal system or facilities of the district, or for purposes of financing programs for the conservation of electricity, which shall constitute an “enterprise” within the meaning of Section 54309 of the Government Code. The authority hereby granted to the districts is in addition to all powers granted local agencies under the Revenue Bond Law of 1941, and Section 54310 of the Government Code, insofar as it is inconsistent with that authority, shall not apply.(Amended by Stats. 1982, Ch. 367, Sec. 2.)
CA Pub Util Code § 12852 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12852.

12852.  Article 3 (commencing with Section 54380) of Chapter 6 of Part 1 of Division 2 of Title 5 of the Government Code, the limitations on the rate of interest set forth in subdivision (b) of Section 54402 of the Government Code and on the discount set forth in Section 54418 of the Government Code, and the requirements for refunding revenue bonds set forth in Sections 53573, 53583, 54388, and 54661 of the Government Code do not apply to the issuance and sale of bonds pursuant to this article. Whenever a district proposes to exercise the power to issue bonds pursuant to this article, the board shall adopt a preliminary resolution declaring its intention to authorize the issuance of bonds, which resolution shall specify all of the following:(a) The purpose for which the proposed bonds are to be issued.(b) The maximum principal amount of the bonds then proposed to be issued.(c) The maximum term for which any of the bonds are to run.(d) The maximum rate of interest to be payable upon the bonds which rate shall be determined by the board.(e) The maximum discount, which shall be determined by the board.(Amended by Stats. 1984, Ch. 984, Sec. 1. Effective September 11, 1984.)
CA Pub Util Code § 12853 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12853.

12853.  When bonds are issued under this article, the preliminary resolution of the board adopted pursuant to this article shall take effect upon its adoption by the board subject to the right of referendum provided for in this article. Successive issues of bonds may be authorized under this article from time to time and the authority herein contained shall not be limited to any particular issue.(Added by Stats. 1965, Ch. 916.)
CA Pub Util Code § 12854 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12854.

12854.  Upon any such resolution taking effect subject to the right of referendum pursuant to this article, the board shall cause the same to be published in the manner provided for the publication of notices. At any time within 60 days after the date of the second such publication a referendum petition, signed by voters in number equal to at least 3 percent of the total vote cast, as defined in Section 11507, demanding the submission of such resolution to a vote of the voters of the district for their assent to the issuance of the proposed bonds, may be filed with the secretary. Upon presentation to the secretary of a referendary petition, the resolution which is the subject thereof shall be of no effect unless and until it has been assented to by the voters.(Added by Stats. 1965, Ch. 916.)
CA Pub Util Code § 12855 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12855.

12855.  If no such referendary petition is presented within the period of 60 days, then upon the expiration of such period, or if the proposition of issuing the bonds specified in the resolution of the board adopted pursuant to this article has been assented to by a majority of the voters voting on the proposition, whether upon referendum or pursuant to Section 12856, then upon such proposition having been so assented to, the resolution shall take full and final effect, and the board may proceed in accordance with the provisions of this article and issue bonds within the terms of the resolution and in accordance with the applicable provisions of the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300), Part 1, Division 2, Title 5, Government Code).(Added by Stats. 1965, Ch. 916.)
CA Pub Util Code § 12856 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12856.

12856.  The board at any time may, and upon the filing of a referendum petition as provided in Section 12854 shall, adopt a resolution calling a special election for the purpose of submitting to the voters of the district the proposition of issuing revenue bonds in conformity with the preliminary resolution adopted pursuant to Section 12852. The resolution calling the election shall fix the date on which the election is to be held, the proposition to be submitted thereat, the manner of holding the election and of voting for or against the proposition, and shall state that in all other particulars the election shall be held and the votes canvassed as provided by law for the holding of elections within the district. Such election may be held separately or may be consolidated with any other election authorized by law at which the voters of the district may vote. The resolution calling the election shall be published and no other notice of the election need be given. The votes of a majority of all the voters voting on the proposition at the election are required to authorize the issuance of revenue bonds.(Added by Stats. 1965, Ch. 916.)
CA Pub Util Code § 12857 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6a - Electric, Water, Communications, or Sewage Disposal System Improvements|Section 12857.

12857.  The authority herein contained shall be in addition to the authority conferred by Chapter 7 of this division and indebtedness incurred in accordance with the authority herein contained shall not be included in ascertaining the aggregate indebtedness specified in Section 12842.(Added by renumbering Section 12852 by Stats. 1965, Ch. 916.)
CA Pub Util Code § 12860 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 6b - Bonds|Section 12860.

12860.  Bonds issued by a district, pursuant to Article 8 (commencing with Section 53540) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code, may bear interest at the rate or rates as may be fixed by the board of directors without regard to the limitations set forth in Section 53541 of the Government Code, and may be sold at a discount, as determined by the board of directors.(Amended by Stats. 1983, Ch. 394, Sec. 2. Effective July 26, 1983.)
CA Pub Util Code § 12871 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 7 - Investments|Section 12871.

12871.  A district may invest any surplus money in its treasury, including money in any sinking fund, in any of the following:(a) Its own bonds, whether issued on behalf of the entire district or any special district.(b) Treasury notes, certificates of indebtedness, bills, bonds of the United States, or any other evidence of indebtedness secured by the full faith and credit of the United States.(c) Obligations issued pursuant to the Federal Home Loan Bank Act or the National Housing Act.(d) Treasury notes or bonds of this state, or of any public corporation, municipal corporation, public district, or political subdivision within this state which are legal as security for the deposit of public funds.(e) Obligations issued by federal intermediate credit banks, federal land banks, and banks for cooperatives.(f) Obligations issued or assumed by the International Bank for Reconstruction and Development, the Tennessee Valley Authority, the Inter-American Development Bank, or Export-Import Bank of Washington participation certificates.(g) Banker’s acceptances of banks having total deposits of one billion dollars ($1,000,000,000) or more.(h) Any securities in which savings banks in this state may legally invest their funds pursuant to Sections 1350 to 1366, inclusive, of the Financial Code; provided, that the provisions of said sections limiting the amount which a savings bank may invest in securities to a specified percent of its paid-up capital and surplus, or savings deposits, shall not apply to investments authorized by the terms of this section.(Amended by Stats. 1967, Ch. 926.)
CA Pub Util Code § 12872 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 7 - Investments|Section 12872.

12872.  Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale or by the subsequent purchase of the bonds, treasury notes, or obligations.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12873 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 7 - Investments|Section 12873.

12873.  Any bonds, treasury notes, or obligations purchased and held as investments by the district may from time to time be sold and the proceeds reinvested in bonds, treasury notes, or obligations as provided in this article.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12874 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 7 - Investments|Section 12874.

12874.  Sales of any bonds, treasury notes, or obligations purchased and held by the district shall from time to time be made in season so that the proceeds may be applied to the purposes for which the money with which the bonds, treasury notes, or obligations were originally purchased was placed in the treasury of the district.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12875 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 7 - Investments|Section 12875.

12875.  Notwithstanding any other provision of law, a district which has owned and operated a water distribution or sewage disposal system for at least eight years and which has a population of 250,000 or more may enter into contracts commonly known as “interest rate swap agreements” or “forward payment conversion agreements” with any person providing for the exchange of payments between the person and the district including, without limitation, contracts providing for the exchange of fixed interest payments for floating payments or floating interest payments for fixed payments, or a combination thereof, after giving due consideration for the creditworthiness of the counter parties, where applicable, including any rating by a nationally recognized agency or such other criteria as may be appropriate. The contracts may be made upon the terms and conditions established by the board. The authority conferred by this section includes the authority to enter into any and all contracts incident to the exercise of the authority conferred by this section including, without limitation, contracts to obtain credit enhancement devices and contracts for the performance of professional services.(Added by Stats. 1986, Ch. 1389, Sec. 3. Effective September 30, 1986.)
CA Pub Util Code § 12891 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12891.

12891.  A district may levy, and collect or cause to be collected, taxes for any lawful purpose.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12891.5 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12891.5.

12891.5.  A district may impose a special tax pursuant to Article 3.5 (commencing with Section 50075) of Chapter 1 of Part 1 of Division 1 of Title 5 of the Government Code. The special taxes shall be applied uniformly to all taxpayers or all real property within the district, except that unimproved property may be taxed at a lower rate than improved property.(Added by Stats. 1991, Ch. 70, Sec. 9.)
CA Pub Util Code § 12892 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12892.

12892.  If, in the opinion of the board, the revenues will not be sufficient for any and all lawful purposes the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12893 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12893.

12893.  The board shall, at the time of fixing the general tax levy and in the manner provided for the general tax levy, levy and collect annually until the district’s bonds are paid, or until there is a sum in the treasury of the district set apart for that purpose to meet all sums coming due for principal and interest on the bonds, a tax sufficient to pay the annual interest on the bonds and such part of the principal thereof as becomes due before the time for fixing the next general tax levy. If the maturity of the indebtedness created by the issue of bonds begins more than one year after the date of the issuance thereof, the tax shall be levied and collected annually at the time and in the manner aforesaid, sufficient to pay the interest on the indebtedness as it falls due and to constitute a sinking fund for the payment of the principal on or before maturity.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12894 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12894.

12894.  The taxes required to be levied and collected on account of interest, principal, and sinking fund of district bonds shall be in addition to all other taxes levied for district purposes, and shall be collected at the time and in the same manner as other district taxes are collected, and be used for no other purpose than the payment of the bonds and accruing interest.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12895 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12895.

12895.  Nothing in this division prevents the issuance of revenue bonds by a district for the entire district or any special district created therein under any provision of law permitting the issuance of revenue bonds by municipal utility districts.(Enacted by Stats. 1957, Ch. 764.)
CA Pub Util Code § 12896 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12896.

12896.  The board may provide for the assessment, levy, and collection of taxes by the district, including the sale of property to the district for delinquent taxes, with penalties, interest, and cost.(Enacted by Stats. 1951, Ch. 764.)
CA Pub Util Code § 12897 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12897.

12897.  The board may elect to avail itself of the assessments made by the assessors of the counties in which the district is situated, and of the assessments made by the State Board of Equalization for those counties, and may take such assessments as the basis for district taxation and have its taxes collected by the county officials if the board declares its election so to do by resolution or ordinance and files a certified copy of the resolution or ordinance on or before the first day of August with the auditors of the counties in which the district is situated. Thereafter, each year and until otherwise provided by the board, all assessments shall be made for the district by the State Board of Equalization and the county assessors, and all taxes shall be collected for the district by the tax collectors, of the counties in which the district is situated.(Amended by Stats. 1951, Ch. 1632.)
CA Pub Util Code § 12898 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12898.

12898.  In such case the county auditor shall, on or before August 15th of each year, transmit to the board a statement in writing showing the total value of all property within the district, ascertained from the assessments referred to in Section 12897 as equalized.(Amended by Stats. 1974, Ch. 761.)
CA Pub Util Code § 12899 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12899.

12899.  In case the board elects to avail itself of the assessments referred to in Section 12897 it shall, on or before the first week day in September, or if such week day falls upon a holiday then on the first business day thereafter, fix the rate of taxes, designating the number of cents upon each hundred dollars, using as a basis the value of property transmitted to the board by the county auditors, which rate of taxation shall be sufficient to raise the amount previously fixed by the board. These acts by the board shall constitute a valid assessment of the property and a valid levy of the taxes so fixed.(Amended by Stats. 1951, Ch. 1632.)
CA Pub Util Code § 12900 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12900.

12900.  The board shall immediately after fixing the rate of taxes as above provided transmit to the county auditors of the counties in which the district is situated a statement of the rate of taxes fixed by the board.(Amended by Stats. 1951, Ch. 1632.)
CA Pub Util Code § 12901 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12901.

12901.  The district’s taxes so levied shall be collected at the same time and in the same manner as county taxes. When collected the net amount, ascertained as provided in this article, shall be paid to the treasurer of the district, under the general requirements and penalties provided by law for the settlement of other taxes. The district may adopt the alternative procedure of tax collection and apportionment established by Chapter 3, Part 8, Division 1 of the Revenue and Taxation Code and any amendments thereof; provided, however, that the district may thereafter abandon said alternative procedure at the end of any fiscal year of the district.(Amended by Stats. 1953, Ch. 808.)
CA Pub Util Code § 12902 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT|CHAPTER 6 - Powers and Functions of District|ARTICLE 8 - Taxation|Section 12902.

12902.  Whenever any real property situate in any district which has availed itself of the provisions of Section 12897 has been sold for taxes and has been redeemed, the money paid for redemption shall be apportioned and paid to the district by the county treasurers receiving it in the proportion which the tax due to the district bears to the total tax for which the property was sold.(Enacted by Stats. 1951, Ch. 764.)