Cal. Gov. Code § 54422

Current through the 2023 Legislative Session.
Section 54422 - Payment secured by pledge, charge, lien

The payment of interest on and principal of the bonds and any premiums upon the redemption of any thereof are secured by a pledge, charge, and lien upon the revenues of the enterprise and upon such other funds as shall be specified in the resolution authorizing the issuance of the bonds.

Ca. Gov. Code § 54422

Amended by Stats. 1990, Ch. 1130, Sec. 8.