Statute · California Government Code

Cal. Gov't Code § 54422 — Provisions Relating to Bonds

Cal. Gov't Code § 54422

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

The payment of interest on and principal of the bonds and any premiums upon the redemption of any thereof are secured by a pledge, charge, and lien upon the revenues of the enterprise and upon such other funds as shall be specified in the resolution authorizing the issuance of the bonds.

Citator

Cal. Gov't Code § 54422 — Provisions Relating to Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The payment of interest on and principal of the bonds and any premiums upon the redemption of any thereof are secured by a pledge, charge, and lien upon the revenues of the enterprise and upon such other funds as shall be specified in the resolution authorizing the issuance of the bonds.