Statute · California Government Code
Cal. Gov't Code § 50667 — Limited Obligation Bonds
Cal. Gov't Code § 50667
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Every bond shall recite in substance that the principal of, and interest on, the bond are payable solely from the revenues pledged to the payment of the principal and interest and that the local agency is not obligated to pay the principal or interest except from the pledged revenues.
Citator
Cal. Gov't Code § 50667 — Limited Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
Every bond shall recite in substance that the principal of, and interest on, the bond are payable solely from the revenues pledged to the payment of the principal and interest and that the local agency is not obligated to pay the principal or interest except from the pledged revenues.