An indenture may include a clause defining the power of the board in applying the proceeds of the sale of any issue of bonds for the acquiring, constructing, or completing of any project or any part thereof.
Cal. Educ. Code § 90029
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.