Pursuant to this chapter an authority may create a revenue bond indebtedness for the acquisition and construction of any improvements or property or facilities contained within its powers.
Cal. Gov. Code § 40581
Bonds
Known as the Municipal Federal Surplus Property Authority Law
The act spans §§ 40500 to 40592 (80 sections).
Added by Stats. 1963, Ch. 1227.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.