Cal. Gov. Code § 54552

Current through the 2023 Legislative Session.
Section 54552 - Collection and disbursement of funds

The local agency may authorize the fiscal agent to receive, collect, hold, or disburse revenues collected from the enterprise for or on account of the local agency or any other funds required to be pledged or otherwise made available as security for payment of the principal of and interest on the bonds, and to apply such revenues and other funds as provided in the resolution authorizing the issuance of the bonds.

Ca. Gov. Code § 54552

Amended by Stats. 1953, Ch. 526.