§ 15838. — 15838. (Added by Stats. 1955, Ch. 1686.)

California § 15838.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 3.
• Title 2.: DIVISION 3. EXECUTIVE DEPARTMENT
• Part 10b.: PART 10b. STATE BUILDING CONSTRUCTION
• Ch. 5.: CHAPTER 5. Revenue Bonds

Text

Any resolutions authorizing any bonds may contain provisions which are part of the contract with the bondholders as to:
(a)
Pledging all or any of the revenues, rentals or receipts of the board from all or any public buildings.
(b)
The acquisition, construction, improvement, operation, extension, enlargement, maintenance, and repair of any public buildings and the duties of the board with reference thereto.
(c)
The terms and provisions of the bonds.
(d)
Limitations on the purposes to which the proceeds of the bonds, then or thereafter to be issued, or of any loan or grant by the United States, may be applied.
(e)
The rate of rentals and other charges for use of the public buildings of, or for the services rendered by, the board, including limitations upon the power of the board to modify any leases or other agreement pursuant to which any rentals or other charges are payable.
(f)
The setting aside of reserves or sinking funds and the regulation and disposition of them.
(g)
Limitations on the issuance of additional bonds or certificates.
(h)
The terms and provisions of any deed of trust or indenture securing the bonds, or under which the
bonds are issued.
(i)
Any other agreements with the bondholders.

Legislative History

Added by Stats. 1955, Ch. 1686.