Government Code section 50662

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.

Source: Section 50662, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=50662. (updated Jan. 1, 1951; accessed Jun. 30, 2025).

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Jun. 30, 2025

§ 50662's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_50662

Original Source: Section 50662, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=50662. (last accessed May 12, 2025).