California Statutes
§ 37920. — 37920. (Amended by Stats. 1977, Ch. 931.)
California § 37920.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 24.DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING
Part 13.PART 13. RESIDENTIAL REHABILITATION
Ch. 2.CHAPTER 2. Powers and Procedures
This text of California § 37920. (37920. (Amended by Stats. 1977, Ch. 931.)) 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 § 37920. (2026).
Text
Revenues and the proceeds of mortgage insurance or guarantee claims, if any, shall be the sole source of funds pledged by the local agency for repayment of its bonds. 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 revenues and the proceeds of mortgage insurance or guarantee claims, if any. The issuance of bonds shall not directly, indirectly, or contingently obligate the legislative body to levy or pledge any form of taxation or to make any appropriation for their payment.
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Legislative History
Amended by Stats. 1977, Ch. 931.
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Bluebook (online)
California § 37920., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/37920..