Section 8515 Of Chapter 12. Metropolitan Transportation Commission From California Revenue And Taxation Code >> Division 2. >> Part 2. >> Chapter 12.
8515
. Limited tax bonds shall be issued pursuant to a resolution
adopted at any time by a two-thirds vote of the commission. Each
resolution shall provide for the issuance of bonds in the amounts as
may be necessary, until the full amount of bonds authorized have been
issued. The full amount of bonds may be divided into two or more
series and different dates of payment fixed for the bonds of each
series. A bond need not mature on its anniversary date.