Subject to the provisions of Section 54516.1, the local agency shall operate the enterprise in an efficient and economical manner.
Cal. Gov. Code § 54513
Duties of Local Agencies
Known as the Revenue Bond Law
The act spans §§ 54300 to 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.