Cal. Gov. Code § 54384

Current through the 2024 Legislative Session.
Section 54384 - Statement in resolution as to bonds

The resolution shall state that the bonds are to be revenue bonds, payable exclusively from the revenues of the enterprise and from such of the other funds referred to in Section 54478 as shall be specified in the resolution, and the resolution shall also state that the bonds are not to be secured by the taxing power of the local agency.

Ca. Gov. Code § 54384

Amended by Stats. 1953, Ch. 526.