Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 9. THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT [95000 - 97007]
( Part 9 added by Stats. 1965, Ch. 1835. ) CHAPTER 7. Bonds [96400 - 96591]
( Chapter 7 added by Stats. 1965, Ch. 1835. ) ARTICLE 7. Revenue Bonds [96590 - 96591]
( Article 7 added by Stats. 1965, Ch. 1835. ) 96590.
As an alternative procedure for the raising of funds, the district may issue bonds, payable from revenues of any facility or enterprise to be acquired or constructed by the district, in the manner provided by 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), all of the provisions of which are applicable to the district.
(Added by Stats. 1965, Ch. 1835.)