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DIVISION 20.7. SANTA MONICA BAY RESTORATION 30988-30988.3›CHAPTER 4. Finances 33800-33806

§ 33805

California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California

Upon making the determination that immediate revenues are insufficient for the acquisition of property, other capital expenses, or the funding or refunding of any outstanding indebtedness, the governing board of the conservancy may call an election on a proposition to incur indebtedness in a specified amount and to issue limited obligation bonds.

(Added by Stats. 1990, Ch. 977, Sec. 1.)

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California Public Resources Code

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