Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 2./Title 5.: DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES/Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES/Ch. 6.: CHAPTER 6. Revenue Bond Law of 1941/Art. 4.: ARTICLE 4. Provisions Relating to Bonds/§ 54420.
California Statutes

§ 54420. — 54420. (Amended by Stats. 1953, Ch. 526.)

California § 54420.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 6.CHAPTER 6. Revenue Bond Law of 1941
Art. 4.ARTICLE 4. Provisions Relating to Bonds

This text of California § 54420. (54420. (Amended by Stats. 1953, Ch. 526.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Cal. Government Code - GOV Code § 54420. (2026).

Text

The bonds are special obligations of the local agency and are secured by a pledge of and shall be a charge upon, and shall be payable, as to the principal thereof, interest thereon, and any premiums upon the redemption of any thereof, solely from and secured by a lien upon the gross revenues of the enterprise and such funds as are described in the resolution authorizing the issuance of the bonds.

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Legislative History

Amended by Stats. 1953, Ch. 526.
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California § 54420., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/54420..