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Cal. Gov. Code § 54424

Provisions Relating to Bonds

Known as the Revenue Bond Law

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

Amended by Stats. 1953, Ch. 526.

So long as any bonds or interest thereon are unpaid the revenues and interest thereon shall not be used for any other purpose, except as provided in Sections 54425 and 54426.

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