Statute · California Government Code

Cal. Gov't Code § 15819.9 — Lease-Purchase Financing of Prison Construction

Cal. Gov't Code § 15819.9

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1985-09-25
Current through
Nov 2, 2026 (California Legislative Counsel)

The revenues, rentals, and receipts from all public buildings authorized to be financed under this chapter may be pledged for the payment of principal of, premium, if any, and interest on, the bonds issued to finance the acquisition and construction of all these public buildings. The bonds…

Citator

Cal. Gov't Code § 15819.9 — Lease-Purchase Financing of Prison Construction is in force in the current edition of the Code, and nothing recorded condemns it.

The revenues, rentals, and receipts from all public buildings authorized to be financed under this chapter may be pledged for the payment of principal of, premium, if any, and interest on, the bonds issued to finance the acquisition and construction of all these public buildings. The bonds issued to finance these public buildings may be equally secured by a lien upon the revenues, rentals, and receipts without priority for number or the date of the bonds, their sale, execution, or delivery pursuant to this part.