Statute · California Government Code
Cal. Gov't Code § 26465 — Competitive Projects
Cal. Gov't Code § 26465
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board may include, in an indenture for the issuance of revenue bonds, a clause that no competitive projects will be acquired or constructed by the board as long as any of the bonds issued under any such indenture are outstanding. Such limitation shall be valid and binding upon the board.
Citator
Cal. Gov't Code § 26465 — Competitive Projects is in force in the current edition of the Code, and nothing recorded condemns it.
The board may include, in an indenture for the issuance of revenue bonds, a clause that no competitive projects will be acquired or constructed by the board as long as any of the bonds issued under any such indenture are outstanding. Such limitation shall be valid and binding upon the board.