2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
ARTICLE 1. General
Section 16722


CA Govt Code § 16722 (through 2012 Leg Sess) What's This?

As used in this chapter, the following terms shall have the following meaning unless the context otherwise requires:

(a) Board means the state board, department, or agency authorized by that act to request the committee to cause bonds to be issued for the purpose of creating a fund that is to be expended by the board for the purposes specified in that act.

(b) Bond means a state general obligation bond issued pursuant to an act adopting the provisions of this chapter.

(c) Bond act means the act authorizing the issuance of state general obligation bonds and adopting this chapter by reference.

(d) Committee means the finance committee or other body created by that act and authorized to cause bonds to be issued by the adoption of a resolution or resolutions.

(e) Fund means the fund created by that act, and into which the proceeds from the sale of the bonds are paid.

(f) Tender means a term of a bond that gives the holder the right to have the bond purchased from the holder at a predetermined price prior to maturity.

(Amended by Stats. 2001, Ch. 97, Sec. 1. Effective July 24, 2001.)

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