The local agency may issue bonds for funds to acquire, construct, improve or finance an enterprise. The bonds may be secured pursuant to this chapter.
Cal. Gov. Code § 54349
Powers of a Local Agency
Known as the Revenue Bond Law
The act spans §§ 54300–54700 (157 sections).
Amended by Stats. 1953, Ch. 526.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.