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TITLE 3. GOVERNMENT OF COUNTIES 23000-33205›DIVISION 2. OFFICERS 24000-28085›PART 2. BOARD OF SUPERVISORS 25000-26490›CHAPTER 13.8. County Regional Justice Facilities Financing Act 26299.000-26299.083›ARTICLE 4. Bonds 26299.060-26299.083

§ 26299.062

California Government Code · 2020-11 edition · updated 2026-10-04 · California

Limited tax bonds issued under this chapter may be used only for the following purposes:

(a) To finance the capital outlay expenditures for those qualifying facilities which the agency is authorized to construct, acquire, or furnish pursuant to Section 26299.032.

(b) To pay costs incurred in the issuance of the limited tax bonds.

(c) To fund a reserve fund for the limited tax bonds.

(Added by Stats. 1989, Ch. 1335, Sec. 1.5.)

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California Government Code

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