GroundRules
GOV § 55803
Where this section sits in the code
- Government Code - GOV
- TITLE 5. LOCAL AGENCIES [50001. - 57607.]
- DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]
- PART 3. AUTHORITIES [55800. - 55821.]
- CHAPTER 1. Counties Transaction and Use Tax [55800. - 55821.]
Limited tax bonds issued under this chapter may be used only for the following purposes:
(a) To finance the capital outlay expenditures to carry out the purposes of the retail transactions and use tax imposed by the authority.
(b) To pay costs incurred in the issuance of the limited tax bonds.
(c) To fund a reserve fund for the limited tax bonds.
Collected 2026-09-14T05:56:33Z. Source file · JSON