California Government Code

§ 54778

GOV § 54778 Effective Jul 21, 1994Div. 2 · Title 5 · Part 1 · Ch. 6.6

Statute text

Any resolution authorizing any bond or any issue of bonds may contain the following provisions, which shall be a part of the contract with the holders of the bonds to be authorized.

(a)Provisions pledging the tax revenues and any other legally available funds of the county to secure the payment of the bonds.

(b)Provisions setting aside reserves or sinking funds, and the regulation and disposition thereof.

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Legislative history

Added by Stats. 1994, Ch. 293, Sec. 2. Effective July 21, 1994.