# Cal. GOV § 6586: Section 6586

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586

## Section

- **Citation:** Cal. GOV § 6586
- **Heading:** Section 6586
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code gov / Title 1 / Division 7 / Chapter 5 / Article 4 / Section 6586

## Text

It is the Legislature’s intent that this article be used to assist local agencies in financing public capital improvements, working capital, liability and other insurance needs, or projects whenever there are significant public benefits for taking that action. For the purposes of this article, “significant public benefits” means any of the following benefits to the citizens of the local agency:

(a) Demonstrable savings in effective interest rate, bond preparation, bond underwriting, or bond issuance costs.

(b) Significant reductions in effective user charges levied by a local agency.

(c) Employment benefits from undertaking the project in a timely fashion.

(d) More efficient delivery of local agency services to residential and commercial development.

## Nearby sections

- [Cal. GOV § 6584 Section 6584](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.md)
- [Cal. GOV § 6584.5 Section 6584.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.5.md)
- [Cal. GOV § 6585 Section 6585](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6585.md)
- [Cal. GOV § 6586 Section 6586](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.md)
- [Cal. GOV § 6586.5 Section 6586.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.5.md)
- [Cal. GOV § 6586.7 Section 6586.7](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.7.md)
- [Cal. GOV § 6587 Section 6587](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6587.md)
- [Cal. GOV § 6588 Section 6588](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.md)
- [Cal. GOV § 6588.5 Section 6588.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.5.md)
- [Cal. GOV § 6588.6 Section 6588.6](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.6.md)
- [Cal. GOV § 6588.7 Section 6588.7](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.7.md)
- [Cal. GOV § 6588.8 Section 6588.8](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.8.md)
- [Cal. GOV § 6589 Section 6589](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6589.md)
- [Cal. GOV § 6590 Section 6590](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6590.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586. Check the current official text before relying on it. Not legal advice.