Statute · California Military and Veterans Code
Cal. Mil. & Vet. Code § 1003.7 — Appropriation, Security, Sale, and Funds
Cal. Mil. & Vet. Code § 1003.7
- Type
- Statute
- Source
- California Military and Veterans Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All revenues to be received by the department from pledged contracts shall be directly, concurrently and exclusively pledged to the payment of debentures, and all such revenues shall remain so pledged until all of the debentures are fully paid or sufficient funds have been accumulated and are…
Citator
Cal. Mil. & Vet. Code § 1003.7 — Appropriation, Security, Sale, and Funds is in force in the current edition of the Code, and nothing recorded condemns it.
All revenues to be received by the department from pledged contracts shall be directly, concurrently and exclusively pledged to the payment of debentures, and all such revenues shall remain so pledged until all of the debentures are fully paid or sufficient funds have been accumulated and are legally available for the payment thereof.