Cal. Gov. Code § 26320

Current through the 2023 Legislative Session.
Section 26320 - continuous operation of improvements

An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all improvements acquired, constructed, or completed, in whole or in part, from the proceeds of the bonds in an efficient and economical manner.

Ca. Gov. Code § 26320

Added by Stats. 1947, Ch. 815.