State Codes and Statutes

Statutes > California > Gov > 5600-5604

GOVERNMENT CODE
SECTION 5600-5604



5600.  "Public body" as used in this chapter means any county, city
and county, city, public district, public authority or other public
corporation, or any agency of any thereof, which is authorized to
issue bonds.


5601.  "Bonds" as used in this chapter means bonds, warrants, notes
and other evidences of indebtedness issued by or on behalf of any
public body.


5602.  "Governing body" means a board of supervisors, city council,
board of directors or other legislative or governing body which has
the power to provide for the issuance of bonds to be issued by or on
behalf of any public body.


5603.  Any provision of law specifying the maximum or minimum
denomination of bonds to the contrary notwithstanding, a governing
body in its ordinance, resolution or order providing for the issuance
of any bonds may provide that such bonds shall be issued in a
denomination or denominations of any amount or amounts prescribed by
it. All bonds of an issue or series of bonds need not be of the same
denomination.



5604.  A governing body, in its ordinance, resolution or order
providing for the issuance of any bonds, may provide a method
whereby, at any time after the original issuance of the bonds, two or
more bonds of the same issue or series and which are of like tenor
may be exchanged for a single bond of like tenor and in a principal
amount equal to the total of principal amounts of the bonds so
exchanged, and may also provide a method whereby, at any time after
the original issuance of the bonds, any single bond may be exchanged
for two or more bonds of like tenor and of principal amounts totaling
the principal amount of the bond so exchanged, and may also provide
for the signature or signatures to be affixed to any bonds or coupons
issued in any such exchange. For the purposes of this section bonds
are of "like tenor" if they bear the same interest rate, mature on
the same date and are otherwise identical as to tenor except for bond
number, denomination or coupon amounts.


State Codes and Statutes

Statutes > California > Gov > 5600-5604

GOVERNMENT CODE
SECTION 5600-5604



5600.  "Public body" as used in this chapter means any county, city
and county, city, public district, public authority or other public
corporation, or any agency of any thereof, which is authorized to
issue bonds.


5601.  "Bonds" as used in this chapter means bonds, warrants, notes
and other evidences of indebtedness issued by or on behalf of any
public body.


5602.  "Governing body" means a board of supervisors, city council,
board of directors or other legislative or governing body which has
the power to provide for the issuance of bonds to be issued by or on
behalf of any public body.


5603.  Any provision of law specifying the maximum or minimum
denomination of bonds to the contrary notwithstanding, a governing
body in its ordinance, resolution or order providing for the issuance
of any bonds may provide that such bonds shall be issued in a
denomination or denominations of any amount or amounts prescribed by
it. All bonds of an issue or series of bonds need not be of the same
denomination.



5604.  A governing body, in its ordinance, resolution or order
providing for the issuance of any bonds, may provide a method
whereby, at any time after the original issuance of the bonds, two or
more bonds of the same issue or series and which are of like tenor
may be exchanged for a single bond of like tenor and in a principal
amount equal to the total of principal amounts of the bonds so
exchanged, and may also provide a method whereby, at any time after
the original issuance of the bonds, any single bond may be exchanged
for two or more bonds of like tenor and of principal amounts totaling
the principal amount of the bond so exchanged, and may also provide
for the signature or signatures to be affixed to any bonds or coupons
issued in any such exchange. For the purposes of this section bonds
are of "like tenor" if they bear the same interest rate, mature on
the same date and are otherwise identical as to tenor except for bond
number, denomination or coupon amounts.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Gov > 5600-5604

GOVERNMENT CODE
SECTION 5600-5604



5600.  "Public body" as used in this chapter means any county, city
and county, city, public district, public authority or other public
corporation, or any agency of any thereof, which is authorized to
issue bonds.


5601.  "Bonds" as used in this chapter means bonds, warrants, notes
and other evidences of indebtedness issued by or on behalf of any
public body.


5602.  "Governing body" means a board of supervisors, city council,
board of directors or other legislative or governing body which has
the power to provide for the issuance of bonds to be issued by or on
behalf of any public body.


5603.  Any provision of law specifying the maximum or minimum
denomination of bonds to the contrary notwithstanding, a governing
body in its ordinance, resolution or order providing for the issuance
of any bonds may provide that such bonds shall be issued in a
denomination or denominations of any amount or amounts prescribed by
it. All bonds of an issue or series of bonds need not be of the same
denomination.



5604.  A governing body, in its ordinance, resolution or order
providing for the issuance of any bonds, may provide a method
whereby, at any time after the original issuance of the bonds, two or
more bonds of the same issue or series and which are of like tenor
may be exchanged for a single bond of like tenor and in a principal
amount equal to the total of principal amounts of the bonds so
exchanged, and may also provide a method whereby, at any time after
the original issuance of the bonds, any single bond may be exchanged
for two or more bonds of like tenor and of principal amounts totaling
the principal amount of the bond so exchanged, and may also provide
for the signature or signatures to be affixed to any bonds or coupons
issued in any such exchange. For the purposes of this section bonds
are of "like tenor" if they bear the same interest rate, mature on
the same date and are otherwise identical as to tenor except for bond
number, denomination or coupon amounts.