California Code
PART 57 - UNIVERSITY OF CALIFORNIA
CHAPTER 5 - The University of California Revenue Bond Act of 1947

ARTICLE 1 - General Provisions

Section 92400. - 92400. This chapter may be cited as “the University of...

Section 92401. - 92401. Wherever used or referred to in this chapter, or...

Section 92402. - 92402. “Bonds” or “revenue bonds” means the written evidence of...

Section 92403. - 92403. “Holder of bonds” or “bondholder” or any similar term...

Section 92404. - 92404. “Indenture” means an agreement entered into by the regents...

Section 92405. - 92405. “Person” includes any individual, firm, corporation, association, copartnership, trust,...

Section 92406. - 92406. “Project” means any one or more dormitories, other housing...

Section 92407. - 92407. “Regents” means the existing corporation known as “the Regents...

Section 92408. - 92408. “Revenues” means and includes any and all fees, rates,...

Section 92409. - 92409. “University of California” means the public trust created by...

Section 92410. - 92410. The provisions of this chapter shall be liberally construed...

Section 92411. - 92411. The provisions of this chapter are severable. If any...

ARTICLE 2 - Powers of Regents

Section 92430. - 92430. In addition to, and in amplification of, all other...

Section 92431. - 92431. The regents may acquire by grant, purchase, gift, devise,...

Section 92432. - 92432. The regents may construct, own, operate, and control any...

Section 92433. - 92433. The regents may fix rates, rents, or other charges...

Section 92434. - 92434. The regents may enter into covenants to increase rates...

Section 92435. - 92435. The regents may at any time and from time...

Section 92436. - 92436. The regents may contract with any department or agency...

Section 92437. - 92437. The regents may make contracts, leases, and agreements with...

Section 92438. - 92438. The regents may sell, lease, convey, or otherwise dispose...

Section 92439. - 92439. The regents may exercise the right of eminent domain...

Section 92440. - 92440. The regents may adopt such rules and regulations as...

Section 92440.5. - 92440.5. (a) Notwithstanding any other provision of law, to the...

Section 92441. - 92441. The regents have full charge of the acquisition, construction,...

Section 92442. - 92442. The regents may construct any project and acquire all...

Section 92443. - 92443. Title to all property acquired by the regents, and...

Section 92444. - 92444. At all times the operation, maintenance, control, repair, construction,...

Section 92445. - 92445. The regents may use for the payment of the...

Section 92446. - 92446. The regents may insure against loss of revenues from...

Section 92447. - 92447. The regents may insure against public liability or property...

Section 92448. - 92448. The regents may authorize any officer or officers of...

Section 92449. - 92449. The regents shall fix rents, charges, and fees for...

Section 92450. - 92450. Nothing in this article or elsewhere in this chapter...

ARTICLE 3 - Revenue Bonds

Section 92470. - 92470. The regents shall issue revenue bonds in the name...

Section 92471. - 92471. The regents shall determine the time, form, and manner...

Section 92472. - 92472. The validity of the authorization and issuance of any...

Section 92473. - 92473. Before issuing any bond or bonds pursuant to this...

Section 92474. - 92474. The regents may provide for one or several issues...

Section 92475. - 92475. Bonds may be issued as coupon bonds or as...

Section 92476. - 92476. Bonds shall bear interest at a rate of not...

Section 92477. - 92477. Bonds may be callable upon such terms, conditions, and...

Section 92478. - 92478. The regents may provide for the payment of the...

Section 92479. - 92479. The regents may provide for the execution and authentication...

Section 92480. - 92480. Bonds shall bear dates prescribed by the regents. Bonds...

Section 92481. - 92481. Bonds may be sold at either public or private...

Section 92482. - 92482. The regents may provide for the security of bonds....

Section 92483. - 92483. All costs and expenses incident to the issuance and...

Section 92484. - 92484. The regents may provide that the bonds and the...

Section 92485. - 92485. Pending the actual issuance or delivery of revenue bonds,...

Section 92486. - 92486. The regents may provide for the replacement of lost,...

Section 92487. - 92487. Bonds issued pursuant to this chapter and the interest...

Section 92488. - 92488. The regents may designate a bank or trust company,...

Section 92489. - 92489. The regents may fix and determine the conditions upon...

Section 92490. - 92490. All bonds issued pursuant to this chapter are negotiable...

Section 92491. - 92491. Except as provided otherwise in any indenture, the holder...

Section 92492. - 92492. Notwithstanding any other provision of law, all bonds sold...

Section 92493. - 92493. (a) (1) The University of California may pledge, along...

Section 92494. - 92494. (a) The University of California may fund pay-as-you-go capital...

Section 92495. - 92495. (a) (1) Commencing with the 2013–14 fiscal year and...

Section 92495.5. - 92495.5. The university shall manage its general revenue bond program...

Section 92495.6. - 92495.6. Notwithstanding Sections 13332.11 and 13332.19 of the Government Code...

Section 92496. - 92496. If the university is able to reduce annual debt...

Section 92496.1. - 92496.1. (a) Notwithstanding Section 92496, for the 2020–21 and 2021–22...

ARTICLE 4 - Indentures

Section 92510. - 92510. The regents may enter into indentures providing for the...

Section 92511. - 92511. An indenture pursuant to which bonds are issued may...

Section 92512. - 92512. An indenture shall provide the means by which payments...

Section 92513. - 92513. An indenture may include a clause relating to the...

Section 92514. - 92514. The regents may include in an indenture such limitations...

Section 92515. - 92515. The regents may also include in an indenture a...

Section 92516. - 92516. An indenture may include a clause relating to the...

Section 92517. - 92517. An indenture may include a clause relating to the...

Section 92518. - 92518. An indenture may include a clause relating to the...

Section 92519. - 92519. An indenture may include a clause relating to the...

Section 92520. - 92520. An indenture may include a clause relating to the...

Section 92521. - 92521. An indenture may include a clause relating to the...

Section 92522. - 92522. An indenture may include a clause relating to the...

Section 92523. - 92523. An indenture may include a clause defining the power...

Section 92524. - 92524. An indenture may include a clause limiting the power...

Section 92525. - 92525. An indenture may include a clause requiring, specifying, or...

Section 92526. - 92526. An indenture may include a clause providing the events...

Section 92527. - 92527. An indenture may include a clause designating the rights,...

Section 92528. - 92528. An indenture may include a clause prescribing procedure by...

Section 92529. - 92529. With respect to any clause providing for the modification...

Section 92530. - 92530. An indenture may include a clause or clauses providing...

Section 92531. - 92531. The regents may provide in an indenture that the...

Section 92532. - 92532. Moneys in any construction fund may be invested as...

Section 92533. - 92533. After all the revenue bonds shall have been fully...

ARTICLE 5 - Funding or Refunding Bonds

Section 92570. - 92570. The regents may provide for the issuance, sale, or...

Section 92571. - 92571. Funding or refunding bonds may be issued in a...