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HomePublic Utilities CodeDiv. 6Ch. 6Art. 6§ 12856 Revenue Bond Special Election

§ 12856 Revenue Bond Special Election

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12856 Revenue Bond Special Election

Key Takeaways

  • •The board can decide to hold a special vote to ask people if they want to issue revenue bonds.
  • •If enough people sign a petition, the board must hold this vote.
  • •The vote can happen on its own or with another vote, and the board sets the date and rules.
  • •More than half of the voters must say 'yes' for the bonds to be issued.

Example

A small town needs money to build a new park. The town board wants to borrow money by issuing bonds, but they need the people's approval.

The board decides to hold a special vote. They tell everyone when and how the vote will happen. If more than half of the voters say 'yes,' the town can borrow the money to build the park.

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

Official Source
View on CA.gov

§ 12856 Revenue Bond Special Election

The board at any time may, and upon the filing of a referendum petition as provided in Section 12854 shall, adopt a resolution calling a special election for the purpose of submitting to the voters of the district the proposition of issuing revenue bonds in conformity with the preliminary resolution adopted pursuant to Section 12852. The resolution calling the election shall fix the date on which the election is to be held, the proposition to be submitted thereat, the manner of holding the election and of voting for or against the proposition, and shall state that in all other particulars the election shall be held and the votes canvassed as provided by law for the holding of elections within the district. Such election may be held separately or may be consolidated with any other election authorized by law at which the voters of the district may vote. The resolution calling the election shall be published and no other notice of the election need be given. The votes of a majority of all the voters voting on the proposition at the election are required to authorize the issuance of revenue bonds. (Added by Stats. 1965, Ch. 916.)

Last verified: January 23, 2026

Key Terms

revenue bondsspecial electionpreliminary resolutionmajority vote

Related Statutes

  • § 13379 Revenue Bond Election Calling
  • § 12852 Bond Issuance Exemptions
  • § 12853 Bond Issuance Referendum Rights
  • § 105221 Rail Transit Revenue Bonds
  • § 120631 Transit Revenue Bond Authority

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 12856.
View Official Source