Statute · California Government Code

Cal. Gov't Code § 67563 — Revenue Bonds

Cal. Gov't Code § 67563

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

An indenture may include a clause requiring the commission to hold in trust the proceeds of the bonds and the revenues pledged to the payment of such bonds and the interest thereon, or to any reserve or other fund created for the further protection of the bonds, and to apply such revenues or…

Citator

Cal. Gov't Code § 67563 — Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

An indenture may include a clause requiring the commission to hold in trust the proceeds of the bonds and the revenues pledged to the payment of such bonds and the interest thereon, or to any reserve or other fund created for the further protection of the bonds, and to apply such revenues or cause them to be applied only as provided in the indenture.