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HomeHarbors and Navigation CodeDiv. 8Pt. 4Ch. 4Art. 2§ 6346 Bond Issuance Procedures

§ 6346 Bond Issuance Procedures

Harbors and Navigation Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 6346 Bond Issuance Procedures

This law says that when a board issues bonds, it must follow the same rules and give the same rights as the detailed bond laws already in the Government Code, and it defines a few key words.

Key Takeaways

  • •Bond issues must follow the same steps and give the same rights as the detailed bond sections in the Government Code.
  • •The board gets the powers and duties that those sections give to a "legislative body".
  • •The law defines words: "resolution" = ordinance, "local agency" = district, "legislative body" = board.

Example

A school district board wants to borrow money by selling bonds to build a new gym.

The board has to run the bond process just like the other bond rules say, and when the law talks about a "resolution" it really means an "ordinance"; "local agency" means the school district, and "legislative body" means the board itself.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 6346 Bond Issuance Procedures

Proceedings for the issuance of said bonds shall be had, the board shall have such powers and duties, and the bondholders shall have such rights and remedies, all in substantial accordance with and with like legal effect as provided in Sections 54344 to 54346, inclusive, 54347, 54348, 54350, 54351, 54352, and in Articles 4 (commencing at Section 54400) to 11 (commencing at Section 54660), inclusive, of Chapter 6, Part 1, Division 2, Title 5 of the Government Code. As used therein the word “resolution” shall mean ordinance, the word “local agency” shall mean district, and the words “legislative body” shall mean board. (Repealed and added by Stats. 1958, 1st Ex. Sess., Ch. 70.)

Last verified: January 11, 2026

Key Terms

bondsboardbondholdersordinancedistrict

Related Statutes

  • § 6939.3 Bond Issuance Procedures
  • § 6350.2 Bond Authorization Requirements
  • § 6106 Bond Issuance Procedures
  • § 6342 District Ordinance Publication
  • § 6343 Bond Issuance Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Harbors and Navigation Code. Section 6346.
View Official Source