Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA GOVERNMENT CODETitle 5 - LOCAL AGENCIESDivision 2 - CITIES, COUNTIES, AND OTHER AGENCIESPart 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIESChapter 6 - REVENUE BOND LAW OF
Article 5 - ADDITIONAL POWERS TO SECURE BONDS
Section 54466 - Insurance against loss of revenue used for payment and retirement of bonds

Cal. Gov. Code § 54466

Download
PDF
Current through the 2023 Legislative Session.
Section 54466 - Insurance against loss of revenue used for payment and retirement of bonds

The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.

Ca. Gov. Code § 54466

Added by Stats. 1949, Ch. 81.