California Statutes

§ 99356. — 99356. (Added by Stats. 1971, Ch. 1400.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 11. PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT·Ch. 4. CHAPTER 4. Transportation Development·Art. 7. ARTICLE 7. Limited Obligation Bonds
The county shall hold in trust the revenues pledged to the payment of the principal of and interest on the bonds for the benefit of the bondholders and shall apply the same pursuant to the resolution authorizing the issuance of the bonds or to the resolution as modified.

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California § 99356. (99356. (Added by Stats. 1971, Ch. 1400.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1971, Ch. 1400.
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