California § 26029.6. 26029.6. (Added by Stats. 1980, Ch. 908, Sec. 1.)

California Statutes

§ 26029.6. — 26029.6. (Added by Stats. 1980, Ch. 908, Sec. 1.)

California § 26029.6.

JurisdictionCalifornia

Code PRCPublic Resources Code - PRC

Div. 16.DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT

Ch. 1.CHAPTER 1. California Alternative Energy and Advanced Transportation Financing Authority

Art. 3.5.ARTICLE 3.5. Supplemental Bond Provisions

This text of California § 26029.6. (26029.6. (Added by Stats. 1980, Ch. 908, Sec. 1.)) 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. Public Resources Code - PRC Code § 26029.6. (2026).

Text

The State of California does hereby pledge to and agree with the holders of any obligations issued under this division, and with those parties who may enter into contracts with the authority pursuant to the provisions of this division, that the state will not limit or alter the rights hereby vested in the authority until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of the authority; provided, however, nothing herein contained shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such obligations of the authority or those entering into such contracts with the authority. The authority as agent for the state is authorized to i

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The State of California does hereby pledge to and agree with the holders of any obligations issued under this division, and with those parties who may enter into contracts with the authority pursuant to the provisions of this division, that the state will not limit or alter the rights hereby vested in the authority until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of the authority; provided, however, nothing herein contained shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such obligations of the authority or those entering into such contracts with the authority. The authority as agent for the state is authorized to include this pledge and undertaking for the state in such obligations or contracts.