Section 486.2 Of Article 4. Appropriation, Security, Sale And Funds From California Military And Veterans Code >> Division 2. >> Part 1. >> Chapter 10. >> Article 4.
486.2
. In the event the State Treasurer shall proceed with the sale
of revenue bonds, all costs and expenses of publication of notice of
sale shall be a charge against the department and shall be paid by
the department. The department shall likewise pay the cost of
printing, lithographing, or otherwise preparing the revenue bonds,
the charges of any duly authorized agent of the State Treasurer
appointed for the payment of principal and interest of the revenue
bonds in any place other than the office of the State Treasurer, any
expenses incurred in connection with delivery of the revenue bonds
including the fees and expenses of municipal bond attorneys whose
opinion on the validity of the revenue bonds is to be provided by the
department without charge to the successful purchaser of the revenue
bonds. The department is authorized to employ any nationally known
municipal bond attorney or attorneys and the Attorney General for the
purpose of rendering legal opinions as to the validity of the
revenue bonds to be furnished to the purchaser of the revenue bonds
without cost. The department is also authorized to employ or appoint
such independent financial consultants, attorneys, certified public
accountants, public accountants, engineers, or other independent
consultants whose services or opinions are necessary or advisable in
connection with the issuance and sale of revenue bonds. Payment for
such services shall be made from the proceeds of the sale of the
revenue bonds or from any other funds available to the department on
a warrant duly drawn by the State Controller for that purpose. Such
expenses may also include the cost of delivering revenue bonds at any
place other than the office of the State Treasurer, including
transportation and insurance costs and the costs of using uniform
identification numbers as specified by the Committee on Uniform
Security Identification Procedure (CUSIP numbers) on the bonds
including filing fees, printing, and related costs.