California Statutes
§ 54420. — 54420. (Amended by Stats. 1953, Ch. 526.)
California·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
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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California § 54420. (54420. (Amended by Stats. 1953, Ch. 526.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1953, Ch. 526.