Statute · California Health and Safety Code
Cal. Health & Safety Code § 33811 — Findings and Declarations
Cal. Health & Safety Code § 33811
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The Legislature further finds and declares that unless supplemental sources of revenue for the payment of such indebtedness can be established, a substantial portion of such indebtedness will not be repaid, which will include the default of bonds and the breach of contractual obligations, and…
Citator
Cal. Health & Safety Code § 33811 — Findings and Declarations is in force in the current edition of the Code, and nothing recorded condemns it.
The Legislature further finds and declares that unless supplemental sources of revenue for the payment of such indebtedness can be established, a substantial portion of such indebtedness will not be repaid, which will include the default of bonds and the breach of contractual obligations, and that if such defaults and breaches of contract occur, the credit and future borrowing capacity of both local agencies and the state may be impaired.