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Cal. Gov. Code § 15819.10

Lease-Purchase Financing of Prison Construction

Added by Stats. 1985, Ch. 932, Sec. 2

The board, as additional security for a prison facilities lease, may agree to pledge and assign all or any portion of any moneys as may be legally available from time to time, to secure payments of the prison facilities lease to a fiscal agent, the treasurer, or to a trustee in trust for the persons entitled thereto.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.