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. ) 54432.
Every bond shall recite in substance that the principal of and interest on the bond are payable solely from the revenues and other funds pledged or otherwise made available to its payment and that the local agency is not obligated to pay it except from the revenues of the enterprise and from such other funds.
(Amended by Stats. 1953, Ch. 526.)