California Health and Safety Code

§ 37642

HSC § 37642Div. 24 · Part 10 · Ch. 3

Statute text

Any resolution or resolutions authorizing any bonds or any issue of bonds may contain provisions respecting any of the following terms and conditions, which shall be a part of the contract with the holders of the bonds:

(a)The pledge of all or any part of the revenues, as defined in this part, subject to such agreements with bondholders as may then exist.

(b)The interest and principal to be received and other charges to be charged and the amounts to be raised each year thereby, and the use and disposition of the revenues.

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Legislative history

Added by Stats. 1976, Ch. 1345.