Government Code section 975.2

Whenever the board deems it necessary for the local taxing entity to incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity, it shall by resolution state:

(a)

The necessity for the indebtedness.

(b)

The purpose for which the proposed debt is to be incurred.

(c)

The amount of the proposed debt.

(d)

The time and place for a hearing by the board on the question whether the local taxing entity should incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity.

Source: Section 975.2, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=975.­2.­ (updated Jan. 1, 1963; accessed Jul. 14, 2025).

Green check means up to date. Up to date

Verified:
Jul. 14, 2025

§ 975.2's source at ca​.gov