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Cal. Gov. Code § 54315

Definitions and General Provisions

Known as the Revenue Bond Law

The act spans §§ 54300–54700 (157 sections).

Added by Stats. 1949, Ch. 81.

“Revenues” mean all charges received for, and all other income and receipts derived by the local agency from, the operation of the enterprise or arising from the enterprise. Revenues include revenue deposited in a sinking, redemption, or reserve fund or other fund to secure the bonds or to provide for the payment of them or the interest on them.

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