Statute · California Government Code

Cal. Gov't Code § 54466 — Additional Powers to Secure Bonds

Cal. Gov't Code § 54466

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

The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.

Citator

Cal. Gov't Code § 54466 — Additional Powers to Secure Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.