§ 5700
146 words·~1 min read·
/ca/government-code/5700A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Bonds” as used in this chapter means
(a)any bonds or other evidences of indebtedness issued after the effective date of this chapter by the state or any state department, board, agency or authority or
(b)any bonds or other evidences of indebtedness issued by any joint powers agency created under Chapter 5 (commencing with Section 6500) of Division 7 that are payable from payments made with respect to a lease or sale of property to or from the state or any state department, board, agency, or authority. For purposes of this chapter, “evidence of indebtedness” includes, but is not limited to, certificates of participation or interests in any rental or lease payments or installment purchase payments, in an aggregate principal amount exceeding $10,000,000, to be made by the state or any state department, board, agency, or authority with respect to buildings or other capital improvements.