Cal. Food & Agr. Code § 3206

Current through 2024 Legislative Session
Section 3206 - [Effective 1/1/2025] Specic revenues pledged for the repayment on bonds

All revenues payable to the state and deposited in a separate account in the fund pursuant to Section 3205 that are allocated by the secretary for the purposes of paragraph (1) of subdivision (a) of Section 3205 are hereby pledged for the repayment of the principal of, and interest on, bonds issued by a joint powers agency, or of other debt service or expense incurred for the purposes described in that paragraph.

Ca. Food and Agric. Code § 3206

Added by Stats 2024 ch 559 (AB 2143),s 43, eff. 1/1/2025.