An indenture may include a clause relating to the bonds issued thereunder, requiring the board to operate the project continuously, to the extent practicable under conditions as they may from time to time exist, in an efficient and economical manner.
Cal. Educ. Code § 90022
The State University Revenue Bond Act of 1947
Known as the The State University Revenue Bond Act
The act spans §§ 90010–90083 (74 sections).
Enacted by Stats. 1976, Ch. 1010.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.