California Government Code 54774 – The definitions in this section shall govern the construction and …
The definitions in this section shall govern the construction and interpretation of this chapter:
(a) “Bond purchase agreement” means a contractual agreement executed between the county and one or more investment bankers that underwrite the bonds.
Terms Used In California Government Code 54774
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
- County: includes city and county. See California Government Code 19
- Fiduciary: A trustee, executor, or administrator.
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
- Trustee: A person or institution holding and administering property in trust.
(b) “Bonds” means evidences of indebtedness, including, but not limited to, bonds, notes, commercial paper, floating rate and variable maturity securities, and certificates of participation.
(c) “County” means any county or city and county of this state which has adopted an alternative method of distribution of tax levies and collections of tax sale proceeds authorized pursuant to Sections 4701 to 4717, inclusive, of the Revenue and Taxation Code.
(d) “Indenture” means any indenture, trust agreement, or similar document entered into by the county and a trustee or other fiduciary with respect to the bonds.
(e) “Tax revenues” means all current or delinquent taxes (and, if a county has made an election under § 4702.5 of the Revenue and Taxation Code, assessments), redemption amounts, and delinquent penalties for which the county has advanced funds pursuant to Sections 4701 to 4717, inclusive, of the Revenue and Taxation Code.
(Added by Stats. 1994, Ch. 293, Sec. 2. Effective July 21, 1994.)