§ 50662
50 words·~1 min read·
/ca/government-code/50662A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a local agency is authorized by charter to issue bonds payable solely from revenues of a municipal utility or a special fund, in negotiable form, the local agency may issue the bonds and any coupons for interest thereon in negotiable form, and they are negotiable instruments for all purposes.