Section 975.2.
Cal. Government Code - GOV § 975.2.
in effectWhenever the board deems it necessary for the local taxing entity to incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity, it shall by resolution state:
(a)
The necessity for the indebtedness.
(b)
The purpose for which the proposed debt is to be incurred.
(c)
The amount of the proposed debt.
(d)
The time and place for a hearing by the board on the question whether the local taxing entity should incur a bonded indebtedness to fund all or any portion of an outstanding judgment against the entity.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026