Statute · California Education Code

Cal. Educ. Code § 90028 — The State University Revenue Bond Act of 1947

Cal. Educ. Code § 90028

Type
Statute
Source
California Education Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

An indenture may include a clause relating to the bonds issued thereunder requiring the board to hold or cause to be held in trust the revenues or any part of revenues pledged to the payment of such bonds and the interest thereon, or to any reserve or other fund created by this article for the…

Citator

Cal. Educ. Code § 90028 — The State University Revenue Bond Act of 1947 is in force in the current edition of the Code, and nothing recorded condemns it.

An indenture may include a clause relating to the bonds issued thereunder requiring the board to hold or cause to be held in trust the revenues or any part of revenues pledged to the payment of such bonds and the interest thereon, or to any reserve or other fund created by this article for the further protection of the bonds, and to apply such revenues or any part of revenues or cause them to be applied only as provided in the indenture.