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California Lien Statute

California Lien Statute

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Published by Chris Herzeca
California Lien Statute relating to security of municipal general obligation bonds
California Lien Statute relating to security of municipal general obligation bonds

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Categories:Types, Business/Law
Published by: Chris Herzeca on Jan 03, 2014
Copyright:Attribution Non-commercial

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01/03/2014

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Page 1
 
Page 2Cal Gov Code ß 53856 DEERING'S CALIFORNIA CODES ANNOTATEDCop!"g#$ %& 2(13 ) *a$$#e+ ,e-de! . Co/pa-0 I-&a /e/)e! o $#e Le"4Ne"4 G!opAll !"g#$4 !e4e!ved T#"4 do&/e-$ "4 &!!e-$ +"$# !ge-& leg"4la$"o- $#!og# C#ap$e! 8(( o  $#e 2(13 Regla! Se44"o- a-d $#!og# C#ap$e! 5 o $#e F"!4$ E$!a Se44"o- o $#e 2(1372(1 Leg"4la$!eGO9ERN*ENT CODE T"$le 5 Lo&al Age-&"e4 D"v"4"o- 2 C"$"e40 Co-$"e40 a-d O$#e! Age-&"e4 Pa!$ 1 Po+e!4 a-d D$"e4 Co//o- $o C"$"e40 Co-$"e40 a-d O$#e! Age-&"e4 C#ap$e!  F"-a-&"al Aa"!4 A!$"&le :6 Te/po!a! ,o!!o+"-g
GO TO CALIFORNIA CODES ARCHIVE DIRECTORY
Cal Gov Code ß 53856 %2(13
ß 53856. Pledge of fud! fo" #$%&e'
A- $ae40 "-&o/e0 !eve-e0 &a4# !e&e"p$40 o! o$#e! /o-e4 o $#e lo&al age-&0 "-&ld"-g /o-e4 depo4"$ed "- "-a&$"ve o! $e!/ depo4"$40 /a )e pledged $o $#e pa/e-$ o $#e -o$e o! -o$e4 a-d $#e "-$e!e4$ $#e!eo-0 e&ep$0 #o+eve!0 $#a$ -o /o-e4 +#"&#0 +#e- !e&e"ved ) $#e lo&al age-&0 +"ll )e e-&/)e!ed o! a 4pe&"al p!po4e /a )e pledged o! $#e pa/e-$ o $#e -o$e o! -o$e4 o! $#e "-$e!e4$ $#e!eo- -le44 a- e;"vale-$ a/o-$ o $#e p!o&eed4 !o/ 4a"d -o$e o! -o$e4 "4 4e$ a4"de o! a-d 4ed o! 4a"d 4pe&"al p!po4e T#e !e4ol$"o- a$#o!"<"-g $#e "44a-&e o $#e -o$e o! -o$e4 4#all 4pe&" +#a$ $ae40 "-&o/e0 !eve-e0 &a4# !e&e"p$4 o! o$#e! /o-e4 a!e pledged o! $#e pa/e-$ $#e!eo T#e -o$e o! -o$e4 a-d $#e "-$e!e4$ $#e!eo- 4#all )e a "!4$ l"e- a-d &#a!ge aga"-4$0 a-d 4#all )e paa)le !o/ $#e "!4$ /o-e4 !e&e"ved ) $#e lo&al age-& !o/0 4&# pledged /o-e4Fo! $#e p!po4e4 o $#"4 4e&$"o-0 =!eve-e= "-&lde40 )$ "4 -o$ l"/"$ed $o0 !eve-e !o/ $#e 4$a$e a-d ede!al gove!-/e-$4
HISTORY(
Added S$a$4 1>63 &# :8 ß 20 ee&$"ve ?-e 0 1>63 A/e-ded S$a$4 1>65 &# 1(: ß 5@ S$a$4 1>:( &# 232 ß 20 ee&$"ve ?-e 220 1>:(@ S$a$4 1>:2 &# 552 ß 10 ee&$"ve Ag4$ 0 1>:2@ S$a$4 1>:6 &# 3>( ß 1@ S$a$4 1>82 &# 2: ß 10 ee&$"ve ?-e 160 1>82
NOTES( A&ed&e'!(
 
 
Page 3Cal Gov Code ß 53856
)*65 A&ed&e'(
S)4$"$$ed =/o-e4= o! =-d4= +#e!eve! "$ appea!4 "- $#e 4e&$"o- 
)*+, A&ed&e'(
Added =a&&!ed a&&o-$4 !e&e"va)le !o/ 4$a$e o! ede!al gove!-/e-$4 o! +#"&# -d4 #ave )ee- &o//"$$ed a-d app!op!"a$ed= a$e! =&a4# !e&e"p$40= +#e!eve! "$ appea!4 
)*+- A&ed&e'(
Dele$ed =a&&!ed a&&o-$4 !e&e"va)le !o/ 4$a$e o! ede!al gove!-/e-$4 o! +#"&# -d4 #ave )ee- &o//"$$ed a-d app!op!"a$ed= a$e! =&a4# !e&e"p$40= +#e!eve! "$ appea!4 
)*+6 A&ed&e'(
S)4$"$$ed $#e la4$ $+o 4e-$e-&e4 o! =T#e -o$e o! -o$e4 a-d $#e "-$e!e4$ $#e!eo- a!e a "!4$ l"e- po- &#a!ge aga"-4$ $#e $ae40 "-&o/e0 !eve-e0 &a4# !e&e"p$40 o! o$#e! /o-e4 pledged o! $#e pa/e-$ $#e!eo= 
)*8- A&ed&e'(
Added $#e 4e&o-d pa!ag!ap# 
No'e
S$a$4 1>82 &# 2: p!ov"de4SEC 3 T#"4 a&$ doe4 -o$ &o-4$"$$e a &#a-ge "-0 )$ "4 de&la!a$o! o0 e"4$"-g la+ T#e Leg"4la$!e #e!e) "-d4 a-d de&la!e4 $#a$ $#e !eve-e o a lo&al age-&0 o! $#e p!po4e4 o $e/po!a! )o!!o+"-g  p!4a-$ $o Se&$"o-4 53856 a-d 53858 o $#e Gove!-/e-$ Code0 "-&lde4 !eve-e !o/ ede!al a-d 4$a$e gove!-/e-$4
C"o!! Refe"ee!(
O$#e! 4o!&e4 o pa/e-$ Gov C ß 5385>(: 
L$/ Re01e/ A"'1le!(
Rev"e+ o Sele&$ed 1>:2 Code Leg"4la$"o-  Pa&""& L? 615

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