reglab/housing_qa huggingface dataset:
CA Govt Code § 6592 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6592.

6592.  Any resolution authorizing any bonds or any issue of bonds may contain the following provisions, which shall be a part of the contract with the holders of the bonds to be authorized:(a) Provisions pledging the full faith and credit of the authority, or pledging all or any part of the revenues of any public capital improvements, or any revenue-producing contract or contracts made by the authority with any local agency, any VLF receivables purchased pursuant to Section 6588.5, any utility project property, any Proposition 1A receivables purchased pursuant to Section 6588.6, or any other moneys of the authority, to secure the payment of the bonds, and of any special account, subject to those agreements with bondholders as may then exist.(b) Provisions setting out the rentals, fees, purchase payments, loan repayments, and other charges, and the amounts to be raised in each year thereby, and the use and disposition of the revenues.(c) Provisions setting aside reserves or sinking funds, and the regulation and disposition thereof.(d) Limitations on the right of the authority or its agent to restrict and regulate the use of the public capital improvements to be financed out of the proceeds of the bonds or any particular issue of bonds.(e) Limitations on the purpose to which the proceeds of sale of any issue of bonds may be applied, and pledging the proceeds to secure the payment of the bonds or any issue of the bonds.(f) Limitations on the issuance of additional bonds, the terms upon which additional bonds may be issued and secured, and the refunding of outstanding bonds.(g) The procedure, if any, by which the terms of any contract with bondholders may be amended or abrogated, the amount of bonds and the holders thereof that are required to give consent thereto, and the manner in which the consent may be given.(h) Limitations on expenditures for operating, administrative, or other expenses of the authority.(i) Definitions of acts or omissions to act which constitute a default in the duties of the authority to holders of its obligations, and providing the rights and remedies of the holders in the event of a default.(j) The mortgaging of any public capital improvements and the site thereof for the purpose of securing the bondholders.(k) The mortgaging of land, improvements, or other assets owned by a local agency for the purpose of securing the bondholders.(l) Procedures for the selection of public capital improvements to be financed with the proceeds of the bonds authorized by the resolution, if the bonds are to be sold in advance of designating the public capital improvements and the local agency to receive the financing.(Amended by Stats. 2013, Ch. 636, Sec. 5. (AB 850) Effective January 1, 2014.)
CA Govt Code § 6592.1 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6592.1.

6592.1.  A resolution authorizing bonds or any issuance of bonds or accepting the benefit of any bonds or the proceeds of bonds shall be adopted by an authority only during a regular meeting held pursuant to Section 54954.(Added by Stats. 2009, Ch. 557, Sec. 5. (SB 99) Effective January 1, 2010.)
CA Govt Code § 6593 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6593.

6593.  No member of the governing body of the authority shall be personally liable on the bonds or be subject to any personal liability or accountability by reason of the issuance of bonds.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6594 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6594.

6594.  The authority may, out of any funds available therefor, purchase its bonds. The authority may hold, pledge, cancel, or resell the bonds, subject to, and in accordance with, agreements with bondholders.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6595 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6595.

6595.  Any bonds issued under this article may be secured by a trust agreement between the authority and a corporate trustee or trustees, which may include any trust company or bank having the powers of a trust company within or without the state.(a) The trust agreement or the resolution providing for the issuance of the bonds may pledge or assign the revenues to be received or the proceeds of any contract or contracts and may convey or mortgage the project or projects, or any portion thereof, to be financed out of the proceeds of the bonds. The trust agreement or resolution providing for the issuance of the bonds may contain provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including provisions specifically authorized to be included in any resolution or resolutions of the authority authorizing bonds.(b) Any bank or trust company doing business under the laws of the state which may act as a depository of the proceeds of bonds or of revenues or other moneys shall furnish indemnifying bonds or pledge securities when required by the authority.(c) The trust agreement may set forth the rights and remedies of the bondholders and of the trustee or trustees, and may restrict the individual right of action by bondholders. In addition, any trust agreement or resolution may contain other provisions the authority determines to be reasonable and proper for the security of the bondholders.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6595.3 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6595.3.

6595.3.  (a) The authority may issue bonds for the purpose of refunding any bonds, notes, or other securities of the authority then outstanding, including the payment of any redemption premium thereon and any interest accrued, or to accrue, on their earliest or any subsequent date of redemption, purchase, or maturity of these bonds. The authority may issue bonds for the additional purpose of paying all, or any part of, the costs of constructing and acquiring additions, improvements, extensions, or enlargements of any public capital improvement or any portion thereof.(b) The proceeds of any bonds issued for the purpose of refunding outstanding bonds may be applied to the purchase or retirement at maturity or redemption of those outstanding bonds either on their earliest or any subsequent redemption date or upon the purchase or retirement at the maturity thereof and may, pending this application, be placed in escrow to be applied to the purchase or retirement at maturity or redemption of those outstanding bonds on the date as may be determined by the authority.(c) Pending this use, the escrowed proceeds may be invested and reinvested in obligations of, or guaranteed by, the United States, or in certificates of deposit or time deposits secured by obligations of, or guaranteed by, the United States, maturing at the time or times appropriate to assure prompt payment, of the principal, interest, and redemption premium, if any, of the outstanding bonds to be refunded. The interest, income, and profits, if any, earned or realized on the investment may also be applied to the payment of the outstanding bonds to be refunded. After the terms of the escrow have been fully satisfied and carried out, any balance of the proceeds and interest, income, and profits, if any, earned or realized on the investments thereof, shall be returned to the authority for use in carrying out the purposes of this article.(d) The portion of the proceeds of the bonds issued for the additional purpose of paying all, or any part of, the costs of construction and acquiring additions, improvements, extensions, or enlargements of any project may be invested and reinvested in obligations of, or guaranteed by, the United States, or in certificates of deposit or time deposits secured by obligations of, or guaranteed by, the United States, maturing not later than the time or times when these proceeds will be needed for the purpose of paying all or any part of the costs. The interest, income, and profits, if any, earned or realized on this investment may be applied to the payment of all, or any part of, the costs or may be used by the authority in carrying out the purposes of this article.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6595.5 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6595.5.

6595.5.  Bonds issued by the authority are legal investments for all trust funds, the funds of all insurance companies, banks, both commercial and savings, trust companies, executors, administrators, trustees, and other fiduciaries, for state school funds, and for any funds which may be invested in county, municipal, or school district bonds. These bonds are securities which may legally be deposited with, and received by, any state or municipal officer or agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now, or may hereafter be, authorized by law, including deposits to secure public funds. This authorization applies only to the extent that there exists evidence of indebtedness or debt securities of the participating party receiving financing through the issuance of these bonds which qualify for, or are eligible for, these purposes and uses.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6595.7 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6595.7.

6595.7.  (a) The authority is not required to pay any property taxes or assessments upon, or with respect to, any public capital improvement or any property acquired by, or for, the authority under this article, or upon the income therefrom, so long as the authority holds title to the public capital improvement or to the property contained in the public capital improvement.(b) The exemption of the authority from taxation of any public capital improvement ceases when title to the property is transferred from the authority to any local agency whose property is otherwise taxable. This section does not exempt any local agency whose property is otherwise taxable from taxation, including, but not limited to, taxation upon a possessory interest, with respect to any public capital improvement, or the property or facilities contained in any public capital improvement which may otherwise be applicable to the participant.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6596 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6596.

6596.  The State of California does hereby pledge to, and agrees with, the holders of any bonds issued under this article, and with those parties who may enter into contracts with the authority pursuant to this article, that the state will not limit or alter the rights hereby vested in the authority to finance any public capital improvement and to fulfill the terms of any loan agreement, lease, or other contract with the authority pursuant to this part, or in any way impair the rights or remedies of the bonds or of the parties until those bonds, together with the interest thereon, are fully met and discharged and those contracts are fully performed on the part of the authority. However, nothing in this section precludes this limitation or alteration if and when adequate provision has been made by law for the protection of the holders of those bonds of the authority or those entering into those contracts with the authority.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6597 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6597.

6597.  All public capital improvements financed by the authority shall pay interest within a reasonable time after the authority receives revenues or proceeds from bonds as provided under this article.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6597.5 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6597.5.

6597.5.  All public capital improvements financed by the authority shall be constructed or completed subject to the rules and regulations of the authority. When the principal of, and interest on, bonds of the authority issued to finance the cost of a particular public capital improvement, including any refunding bonds issued to refund and refinance all, or any part, of these bonds, have been fully paid and retired, or when adequate provisions have been made for their payment and retirement and all other conditions of any resolution, lease, indenture, mortgage or deed of trust, security interest, or any other instrument authorizing and securing the bonds have been satisfied, and any lien created has been released in accordance with the provisions thereof, the authority is authorized, upon the terms and conditions it prescribes, to execute releases, release deeds, reassignments, deeds, and conveyances and to do all things necessary or required to convey or release its rights, title, and interest in the public capital improvement financed and in any other instruments pledged or transferred to secure bonds to local agencies, as their respective interests may appear.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6598 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6598.

6598.  Interest earned on any bonds issued by the authority shall at all times be free from state personal income tax and corporate income tax.(Added by Stats. 1985, Ch. 868, Sec. 6. Effective September 23, 1985.)
CA Govt Code § 6598.5 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6598.5.

6598.5.  Local agencies may request advice from the California Debt and Investment Advisory Commission pursuant to Section 8859 regarding the formation of local bond pooling authorities and the planning, preparing, insuring, marketing, and selling of bonds as authorized pursuant to this article.(Amended by Stats. 2002, Ch. 454, Sec. 3. Effective January 1, 2003.)
CA Govt Code § 6599 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6599.

6599.  (a) In an action filed pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of any matter of an authority governed by this article, the authority and any interested person shall serve the Attorney General and the Treasurer with a copy of the complaint filed by the respective party by the first day of the publication of summons as required by Section 861 of the Code of Civil Procedure. A court may render no judgment in the matter or grant other permanent relief to any party except on proof of service of the Attorney General and the Treasurer as required by this section.(b) The Attorney General and the Treasurer are each interested persons pursuant to an action filed pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of any authorizing bonds or the issuance of bonds.(c) Any authority that dismisses a validation action by formal act and withdraws the resolution may not issue bonds to construct, acquire, or finance a public capital improvement, except pursuant to Article 1 (commencing with Section 6500), unless the authority thereafter reauthorizes the issuance of the bonds and thereafter, if applicable, complies with Sections 6586.5 and 6586.7.(Added by Stats. 2000, Ch. 723, Sec. 5. Effective January 1, 2001.)
CA Govt Code § 6599.1 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6599.1.

6599.1.  (a) The legislative body shall, no later than 30 days prior to the sale of any bonds pursuant to this article, give written notice of the proposed sale to the California Debt and Investment Advisory Commission by mail, postage prepaid, as required by Chapter 11.5 (commencing with Section 8855) of Division 1 of Title 2.(b) Beginning January 1, 1996, each year after the sale of any bonds by the authority for the purpose of acquiring local obligations, the legislative body shall, not later than October 30 of each year until the final maturity of the bonds, supply the following information to the California Debt and Investment Advisory Commission by mail, postage prepaid:(1) The principal amount of bonds outstanding, both authority bonds and local obligations acquired with the proceeds of authority bonds.(2) The balance in the reserve fund.(3) The costs of issuance, including any ongoing fees.(4) The total amount of administrative fees collected.(5) The amount of administrative fees charged to each local obligation.(6) The interest earnings and terms of all guaranteed investment contracts.(7) Commissions and fees paid on guaranteed investment contracts.(8) The delinquency rates on all local obligations.(9) The balance in capitalized interest accounts.(c) In addition, with respect to any bonds sold pursuant to this article, regardless of when sold, and until the final maturity of the bonds, the legislative body shall notify the California Debt and Investment Advisory Commission by mail, postage prepaid, within 10 days if any of the following events occur:(1) The local agency or its trustee fails to pay principal and interest due on any scheduled payment date.(2) Funds are withdrawn from a reserve fund to pay principal and interest on the bonds issued by the authority or any bonds acquired by the authority.(d) Neither the legislative body nor the California Debt and Investment Advisory Commission shall be liable for any inadvertent error in reporting the information required by this section.(Amended by Stats. 2002, Ch. 454, Sec. 4. Effective January 1, 2003.)
CA Govt Code § 6599.2 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6599.2.

6599.2.  Notwithstanding Sections 863 and 869 of the Code of Civil Procedure, the Attorney General or the Treasurer may jointly or separately file an action pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure at any time up to 55 days after notice required by Section 6586.7 is mailed by certified mail to the Sacramento offices of both the Attorney General and the Treasurer.(Amended by Stats. 2001, Ch. 159, Sec. 107. Effective January 1, 2002.)
CA Govt Code § 6599.3 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5 - Joint Exercise of Powers|ARTICLE 4 - Local Bond Pooling|Section 6599.3.

6599.3.  Notwithstanding any other provision of law, an action may be brought under Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure, to determine the validity of any bonds issued under this article to finance the purchase of bonds for local agencies, the financing of public capital improvements or utility projects, or the purchase of VLF receivables pursuant to Section 6588.5 or Proposition 1A receivables pursuant to Section 6588.6 and any contracts of sale of VLF receivables or Proposition 1A receivables or utility project property entered into by any local agency, and any related documents. If an action is commenced, the action shall be brought in the jurisdiction in which the authority maintains its principal office and is not required to be brought in the jurisdiction or jurisdictions of any of the local agencies. However, publication of summons, as provided in Section 861 of the Code of Civil Procedure, shall be made in the county in which the authority maintains its principal office and in each county in which any local agency that has sold bonds to the authority, for which a public capital improvement is being financed or that has entered into a sales agreement for a VLF receivable or a Proposition 1A receivable where the authority is located.(Amended by Stats. 2013, Ch. 636, Sec. 6. (AB 850) Effective January 1, 2014.)
CA Govt Code § 6599.01 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5.5 - Local Agency Self-Insurance Authority|ARTICLE 1 - Organization and Powers|Section 6599.01.

6599.01.  Pursuant to Section 6 of Article XVI of the California Constitution, local agencies may enter into a joint pooling agreement to form a single statewide insurance pooling arrangement administered by a single statewide agency for the payment of tort liability or public liability losses incurred by such agencies. The agency shall be known as the Local Agency Self-Insurance Authority.(Added by Stats. 1986, Ch. 1327, Sec. 1.)
CA Govt Code § 6599.02 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5.5 - Local Agency Self-Insurance Authority|ARTICLE 1 - Organization and Powers|Section 6599.02.

6599.02.  As used in this chapter:(a) “Local agency” means any city, county, city and county, school district, special district, authority, other political subdivision of or within the state, an association or consortium of school districts formed or operating pursuant to Section 35179 of the Education Code, or any joint powers authority composed of any of these agencies.(b) “Original board” means the first board of directors constituted and selected pursuant to Section 6599.06.(c) “Board” means the original board and any successor board selected and constituted under this chapter.(Amended by Stats. 1987, Ch. 32, Sec. 3. Effective May 29, 1987.)
CA Govt Code § 6599.03 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5.5 - Local Agency Self-Insurance Authority|ARTICLE 1 - Organization and Powers|Section 6599.03.

6599.03.  In addition to the powers specified in Chapter 5 (commencing with Section 6500), the authority may issue revenue bonds or certificates of participation, or both, to establish capital, surplus, and prudent reserves, and may secure payment of the bonds and interest by pledging all or part of its revenues from the receipt of premiums.(Added by Stats. 1986, Ch. 1327, Sec. 1.)
CA Govt Code § 6599.04 (2021)
2021 California Code|Government Code - GOV|TITLE 1 - GENERAL|DIVISION 7 - MISCELLANEOUS|CHAPTER 5.5 - Local Agency Self-Insurance Authority|ARTICLE 1 - Organization and Powers|Section 6599.04.

6599.04.  Except as otherwise provided in this chapter, Chapter 5 (commencing with Section 6500) applies to the authority.(Added by Stats. 1986, Ch. 1327, Sec. 1.)