The legislative body may provide for the rights, liabilities, powers, and duties arising upon the local agency’s breach of any covenants, conditions, or obligations.
Cal. Gov. Code § 50667.5
Limited Obligation Bonds
Added by Stats. 1985, Ch. 320, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.