Skip to content

TITLE 5. LOCAL AGENCIES [50001 - 57607]›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]›CHAPTER 2.99. Enhanced Infrastructure Financing District [53398.50 - 53398.88]›ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]

§ 53398.84

Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts · 2026 edition · updated 2026-07-29 · California

53398.84. The public financing authority or any person executing the bonds shall not be personally liable on the bonds by reason of their issuance. The bonds and other obligations of a district issued pursuant to this chapter are not a debt of the city, county, or state or of any of its political subdivisions, other than the district, and none of those entities, other than the district, shall be liable on the bonds and the bonds or obligations shall be payable exclusively from funds or properties of the district. The bonds shall contain a statement to this effect on their face. The bonds do not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation.

(Added by Stats. 2014, Ch. 785, Sec. 1. (SB 628) Effective January 1, 2015.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸ Contents — Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
  1. Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure…
  2. ▸ TITLE 5. LOCAL AGENCIES [50001 - 57607]
    Overview
    1. ▸ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
      Overview
      1. ▸ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHE…
        Overview
        1. ▸ CHAPTER 2.99. Enhanced Infrastructure Financing District [5339…
          Overview
          1. ARTICLE 1. General Provisions [53398.50 - 53398.58]
          2. ARTICLE 2. Preparation and Adoption of Infrastructure Financin…
          3. ARTICLE 3. Division of Taxes [53398.75 - 53398.76]
          4. ▸ ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]
            Overview
            1. § 53398.77
            2. § 53398.78
            3. § 53398.83
            4. § 53398.84
            5. § 53398.85
            6. § 53398.86
            7. § 53398.87
            8. § 53398.88

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.