California § 6550. 6550. (Amended by Stats. 1957, Ch. 943.)

California Statutes

§ 6550. — 6550. (Amended by Stats. 1957, Ch. 943.)

California § 6550.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.7.

Title 1.DIVISION 7. MISCELLANEOUS

Ch. 5.CHAPTER 5. Joint Exercise of Powers

Art. 2.ARTICLE 2. Power to Issue Revenue Bonds

This text of California § 6550. (6550. (Amended by Stats. 1957, Ch. 943.)) 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.

Bluebook

Cal. Government Code - GOV Code § 6550. (2026).

Text

The principal and interest of the bonds shall be payable:

(a)First, out of the revenue derived from the operation of the project or projects for which the bond proceeds were or are to be used or expended, or any other revenues derived from said project;

(b)Second, from such other revenues, including existing funds, of the entity as are described or stated as security for the bonds in the indenture in accordance with Section 6549 hereof.

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The principal and interest of the bonds shall be payable:
(a)
First, out of the revenue derived from the operation of the project or projects for which the bond proceeds were or are to be used or expended, or any other revenues derived from said project;
(b)
Second, from such other revenues, including existing funds, of the entity as are described or stated as security for the bonds in the indenture in accordance with Section 6549 hereof.

Legislative History

Amended by Stats. 1957, Ch. 943.

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California § 6550., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/6550..