Statute · California Health and Safety Code

Cal. Health & Safety Code § 55112 — BONDS

Cal. Health & Safety Code § 55112

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

The local agency may create one or more bond reserve accounts to secure payments of the principal of, and interest and sinking fund payments on, any bonds or any issuance thereof, as specified in the resolution authorizing the bonds.

Citator

Cal. Health & Safety Code § 55112 — BONDS is in force in the current edition of the Code, and nothing recorded condemns it.

The local agency may create one or more bond reserve accounts to secure payments of the principal of, and interest and sinking fund payments on, any bonds or any issuance thereof, as specified in the resolution authorizing the bonds.