California Government Code
§ 54423
GOV § 54423Div. 2 · Title 5 · Part 1 · Ch. 6 · Art. 4
Statute text
View on leginfo.ca.govThe revenues and any interest earned on the revenues and all other funds specified in the resolution authorizing the issuance of the bonds constitute a trust fund for the security and payment of the interest on and principal of the bonds.
Legislative history
Amended by Stats. 1953, Ch. 526.