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HomePublic Utilities CodeDiv. 6Ch. 6.5Art. 4§ 13103 Bond Issuance Referendum Rights

§ 13103 Bond Issuance Referendum Rights

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

§ 13103 Bond Issuance Referendum Rights

Key Takeaways

  • •The board can decide to issue bonds (like borrowing money for big projects).
  • •The decision starts working right after the board approves it.
  • •People can still challenge the decision if they don’t like it.

Example

A city wants to build a new park but needs money.

The city board votes to borrow money by issuing bonds. The decision happens right away, but if enough people disagree, they can try to stop it.

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

Official Source
View on CA.gov

§ 13103 Bond Issuance Referendum Rights

When bonds are issued under this chapter, the preliminary resolution of the board adopted pursuant to this article shall take effect upon its adoption by the board subject to the right of referendum herein provided for. (Amended by Stats. 1962, 1st Ex. Sess., Ch. 6.)

Last verified: January 23, 2026

Key Terms

bondspreliminary resolutionboardright of referendum

Related Statutes

  • § 13105 Bond Issuance Voter Approval
  • § 13092 Bond Refunding Authority
  • § 13101 Bond Issuance Preliminary Resolution
  • § 13106 Bondholder Contract Enforcement
  • § 13107 District Voter Approval Process

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 13103.
View Official Source