Statute · California Government Code

Cal. Gov't Code § 50666.9 — Limited Obligation Bonds

Cal. Gov't Code § 50666.9

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

The principal of, and interest on, the bonds and any premiums upon the redemption of any thereof are not a debt of the local agency, nor a legal or equitable pledge, charge, lien, or encumbrance, upon any of its property, or upon any of its income, receipts, or revenues except the revenues that…

Citator

Cal. Gov't Code § 50666.9 — Limited Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The principal of, and interest on, the bonds and any premiums upon the redemption of any thereof are not a debt of the local agency, nor a legal or equitable pledge, charge, lien, or encumbrance, upon any of its property, or upon any of its income, receipts, or revenues except the revenues that have been pledged to their payment.