California Statutes

§ 37647. — 37647. (Added by Stats. 1976, Ch. 1345.)

California § 37647.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 24.DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING
Part 10.PART 10. HISTORICAL REHABILITATION
Ch. 3.CHAPTER 3. Bonds and Notes

This text of California § 37647. (37647. (Added by Stats. 1976, Ch. 1345.)) 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. Health and Safety Code - HSC Code § 37647. (2026).

Text

Bonds issued under the provisions of this part shall not be deemed to constitute a debt or liability of the local agency or a pledge of the faith and credit of the local agency, but shall be payable solely from the funds specified in this part. All such bonds shall contain on the face thereof a statement to the following effect: Neither the faith and credit nor the taxing power of the [local agency] is pledged to the payment of the principal of or interest on this bond. The issuance of bonds under the provisions of this part shall not directly, indirectly, or contingently obligate the local agency to levy or to pledge any form of taxation whatever therefor or to make any appropriation for their payment.

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Legislative History

Added by Stats. 1976, Ch. 1345.
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California § 37647., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/37647..