Statute · California Education Code

Cal. Educ. Code § 92520 — Indentures

Cal. Educ. Code § 92520

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 pursuant to the indenture which limits, restricts, or prohibits any right, power, or privilege of the regents to mortgage or otherwise encumber, sell, lease, or dispose of any improvements constructed from the proceeds of the bonds,…

Citator

Cal. Educ. Code § 92520 — Indentures 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 pursuant to the indenture which limits, restricts, or prohibits any right, power, or privilege of the regents to mortgage or otherwise encumber, sell, lease, or dispose of any improvements constructed from the proceeds of the bonds, or to enter into any lease or agreement which impairs or impedes the operation of a project, or any part of a project, necessary to secure adequate revenues or which otherwise impairs or impedes the rights of the holders of the bonds with respect to such revenues.