Statute · California Government Code

Cal. Gov't Code § 54384 — Authorization of Bonds

Cal. Gov't Code § 54384

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

The resolution shall state that the bonds are to be revenue bonds, payable exclusively from the revenues of the enterprise and from such of the other funds referred to in Section 54478 as shall be specified in the resolution, and the resolution shall also state that the bonds are not to be…

Citator

Cal. Gov't Code § 54384 — Authorization of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The resolution shall state that the bonds are to be revenue bonds, payable exclusively from the revenues of the enterprise and from such of the other funds referred to in Section 54478 as shall be specified in the resolution, and the resolution shall also state that the bonds are not to be secured by the taxing power of the local agency.