Government Code - GOV
TITLE 5. LOCAL AGENCIES [50001 - 57607]
( Title 5 added by Stats. 1949, Ch. 81. ) DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
( Division 2 added by Stats. 1949, Ch. 81. ) PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]
( Part 1 added by Stats. 1949, Ch. 81. ) CHAPTER 6. Revenue Bond Law of 1941 [54300 - 54700]
( Heading of Chapter 6 amended by Stats. 1959, Ch. 597. ) ARTICLE 4. Provisions Relating to Bonds [54400 - 54435]
( Article 4 added by Stats. 1949, Ch. 81. ) 54431.
The principal of and interest on the bonds and any premiums upon the redemption of any thereof are not a debt of the local agency, nor a legal or equitable pledge, charge, lien, or encumbrance, upon any of its property, or upon any of its income, receipts, or revenues except the revenues of the enterprise and other funds that may be legally applied, pledged, or otherwise made available to their payment.
(Amended by Stats. 1953, Ch. 526.)