California Health and Safety Code

§ 52091

HSC § 52091 Effective Mar 11, 2002Div. 31 · Part 5 · Ch. 7 · Art. 2

Statute text

Any agreement made pursuant to Section 52090.5 shall contain all of the following provisions:

(a)Limitations on the maximum amount of bonds to be issued by a city or county.

(b)A requirement that all bonds and any prospectus in connection with the bonds contain a legend condition to the following effect: “Neither the faith and credit of the State of California or the agency nor the taxing power of the state is pledged to the payment of principal or interest on this bond.”

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Legislative history

Added by Stats. 2002, Ch. 12, Sec. 1. Effective March 11, 2002.