GroundRules
GOV § 50662
Where this section sits in the code
- Government Code - GOV
- TITLE 5. LOCAL AGENCIES [50001. - 57607.]
- DIVISION 1. CITIES AND COUNTIES [50001. - 52203.]
- PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES [50001. - 51299.4.]
- CHAPTER 3. Bonds [50630. - 50670.4.]
- ARTICLE 3. Negotiability [50660. - 50663.]
When a local agency is authorized by charter to issue bonds payable solely from revenues of a municipal utility or a special fund, in negotiable form, the local agency may issue the bonds and any coupons for interest thereon in negotiable form, and they are negotiable instruments for all purposes.
Collected 2026-09-14T05:56:33Z. Source file · JSON