Statute · California Government Code
Cal. Gov't Code § 54432 — Provisions Relating to Bonds
Cal. Gov't Code § 54432
- 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 and other funds pledged or otherwise made available to its payment and that the local agency is not obligated to pay it except from the revenues of the enterprise and from…
Citator
Cal. Gov't Code § 54432 — Provisions Relating to 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 and other funds pledged or otherwise made available to its payment and that the local agency is not obligated to pay it except from the revenues of the enterprise and from such other funds.