Revenue bonds issued under this article and contracts or obligations entered into to carry out the purposes for which bonds are issued, payable in whole or in part from the proceeds of said bonds, shall not constitute a debt, liability or obligation of any of the public agencies who are parties to the agreement creating such entity.
Cal. Gov. Code § 6551
Power to Issue Revenue Bonds
Known as the Joint Exercise of Powers Act
The act spans §§ 6500–6583 (150 sections).
Amended by Stats. 1968, Ch. 972.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.