California Laws: Harbors and Navigation Code Sections 3900-3928
- California Laws: Harbors and Navigation Code Section 3900
This part may be cited as the Harbor Development Bond Law of 1958. ...
- California Laws: Harbors and Navigation Code Section 3901
As used in this chapter the following words shall have the following meanings: (a) "Committee" means the Harbor Improvement Bond Committee. (b) "Authority" means the...
- California Laws: Harbors and Navigation Code Section 3902
The following funds are created in the State Treasury for the purposes of this part: (a) Harbor Bond Sinking Fund. (b) Fifth San Francisco Seawall...
- California Laws: Harbors and Navigation Code Section 3903
There is in the State Government the Harbor Improvement Bond Committee. The committee shall consist of the State Controller, the State Treasurer, and the Director...
- California Laws: Harbors and Navigation Code Section 3904
The members of the committee shall not receive additional compensation for their services under this part. ...
- California Laws: Harbors and Navigation Code Section 3905
For the purpose of creating funds to provide for the construction, improvement and development of harbors in this State as provided in this part, the...
- California Laws: Harbors and Navigation Code Section 3906
After adoption of any resolution by the committee, provided for in Section 3907, the State Treasurer shall arrange for the preparation of the requisite number...
- California Laws: Harbors and Navigation Code Section 3907
Whenever the authority pursuant to Section 3940 or the commission pursuant to Section 3950 determines by resolution that a bond issue under this part is...
- California Laws: Harbors and Navigation Code Section 3908
The aggregate par value of all bonds issued under this part at the instance of the authority shall not exceed fifty million dollars ($50,000,000) and...
- California Laws: Harbors and Navigation Code Section 3909
All bonds issued under this part shall bear the facsimile signature of the Governor and the facsimile countersignature of the Controller and shall be endorsed...
- California Laws: Harbors and Navigation Code Section 3910
All bonds herein authorized, which shall have been duly sold and delivered as herein provided, shall constitute valid and legally binding general obligations of the...
- California Laws: Harbors and Navigation Code Section 3911
In determining the dates of maturity of the bonds, and the amount thereof to mature at each date of maturity, the committee shall be guided,...
- California Laws: Harbors and Navigation Code Section 3912
The rate of interest to be borne by the bonds need not be uniform for all bonds of the same issue, series or division and...
- California Laws: Harbors and Navigation Code Section 3913
Both principal of and interest on the bonds shall be payable in lawful money of the United States, at the Office of the State Treasurer,...
- California Laws: Harbors and Navigation Code Section 3914
Each bond shall contain a reference to this part and if subject to call or redemption prior to maturity, a recital to that effect. ...
- California Laws: Harbors and Navigation Code Section 3915
The bonds authorized to be issued under this part shall be sold by the State Treasurer to the highest bidder for cash, either at public...
- California Laws: Harbors and Navigation Code Section 3916
Due notice of the time and place of sale of all bonds shall be given by the State Treasurer by publication in one newspaper published...
- California Laws: Harbors and Navigation Code Section 3916.5
The sum of seventy-five thousand dollars ($75,000) is hereby appropriated out of the General Fund to be used as a revolving fund to pay the...
- California Laws: Harbors and Navigation Code Section 3917
The committee may provide for the issuance, sale or exchange of refunding bonds out of the bonds issued under this part for the purpose of...
- California Laws: Harbors and Navigation Code Section 3918
For the payment of the principal and interest of the bonds the Harbor Bond Sinking Fund shall consist of the following: (a) Payments from any...
- California Laws: Harbors and Navigation Code Section 3918.5
(a) A separate account shall be established in the Harbor Bond Sinking Fund, in which shall be deposited all money paid into such fund from...
- California Laws: Harbors and Navigation Code Section 3919
The State Treasurer shall on Controller's warrants duly drawn for that purpose, invest the moneys in the Harbor Bond Sinking Fund in the purchase of...
- California Laws: Harbors and Navigation Code Section 3919.3
The authority is authorized with the approval of the Department of Finance, to invest any surplus moneys in the Fifth San Francisco Seawall Fund in...
- California Laws: Harbors and Navigation Code Section 3920
Whenever the committee deems that it will increase the salability or the price of the bonds to obtain, prior to or after sale, a legal...
- California Laws: Harbors and Navigation Code Section 3921
The State Treasurer directly or through a state fiscal agent, or agents, shall, on the respective dates of maturity of all bonds, or on the...
- California Laws: Harbors and Navigation Code Section 3922
Upon the payment of any such bond or coupon, the State Treasurer, or such state fiscal agent, or agents, shall perforate the same with a...
- California Laws: Harbors and Navigation Code Section 3923
The State Treasurer, or such state fiscal agent, or agents, with the approval of the State Treasurer, may destroy or cremate any or all bonds...
- California Laws: Harbors and Navigation Code Section 3924
It shall be the duty of the State Treasurer to pay the interest of said bonds, when the same falls due, out of the moneys...
- California Laws: Harbors and Navigation Code Section 3925
All bonds issued under this part and sold shall be deemed to have been called in at their respective dates of maturity and the State...
- California Laws: Harbors and Navigation Code Section 3926
Whenever the committee shall determine that any bonds then outstanding, and which by their terms are subject to redemption prior to maturity, should be redeemed,...
- California Laws: Harbors and Navigation Code Section 3927
The State Controller and the State Treasurer shall keep full and particular account and record of all their proceedings under this part, and they shall...
- California Laws: Harbors and Navigation Code Section 3928
All money remaining in the account of the Harbor Bond Sinking Fund, established pursuant to subdivision (a) of Section 3918.5, after the principal of and...