2007 California Water Code Chapter 4. Issuance Of Bonds Pursuant To The Revenue Bond Law Of 1941

CA Codes (wat:25400-25402)

25400.  Subject to the limitations of this chapter, revenue bonds,
including refunding revenue bonds, may be issued by an irrigation
district under and pursuant to the Revenue Bond Law of 1941, Chapter
6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5
of the Government Code.


25401.  This chapter provides an alternative authority and procedure
for the subject to which it relates but does not affect any other
law relating to the same or a similar subject.  When proceeding under
this chapter, its provisions only need be followed.



25402.  For the purposes of this chapter, the term "enterprise," as
used in the Revenue Bond Law of 1941 (Chapter 6 (commencing with
Section 54300) of Part 1 of Division 2 of Title 5 of the Government
Code), shall be limited to and shall include only those works or
property authorized to be acquired, constructed, improved, or
financed by an irrigation district pursuant to this division, but
shall not include any of the following:
   (a) Works or property for the distribution of electric energy for
lighting, heating, and power for public or private uses.
   (b) Works or property already employed in the generation,
production, transmission, distribution, sale, or lease of power for
public utility purposes, except where the acquisition of those works
or property is by mutual agreement between the district and the owner
of the property.