California Statutes

§ 15819. — 15819. (Added by Stats. 1961, Ch. 914.)

California·Code GOV Government Code - GOV·Div. 3.·Title 2. DIVISION 3. EXECUTIVE DEPARTMENT·Part 10b. PART 10b. STATE BUILDING CONSTRUCTION·Ch. 3. CHAPTER 3. Construction and Leasing of Public Buildings
After first obtaining the written consent of all of the holders of the revenue bonds or certificates issued on the public buildings from which the excess revenues, rentals, or receipts are to be derived, the board may by appropriate resolution pledge the revenues, rentals, or receipts from public buildings authorized under this part in any one session of the Legislature in excess of those revenues, rentals, or receipts necessary for the payment of the principal of, and interest on, the certificates or revenue bonds issued to finance the construction of such public buildings, to the payment of the principal of, and interest on, the certificates or revenue bonds issued to finance the construction of any other public buildings authorized under this part. This section shall not apply to

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California § 15819. (15819. (Added by Stats. 1961, Ch. 914.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1961, Ch. 914.

Nearby Sections

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