Agency Bonds
Known as the Community Redevelopment Law
The act spans §§ 33000 to 33855 (601 sections).
Added by Stats. 1963, Ch. 1812.
An agency may:
(a) Pledge all or any part of its gross or net rents, fees, or revenues to which its right then exists or may thereafter come into existence.
(b) Encumber by mortgage, deed of trust, or otherwise all or any part of its real or personal property, then owned or thereafter acquired.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.