The local agency shall have the power out of any funds available therefor to purchase its bonds or notes. The local agency may hold, pledge, cancel, or resell such bonds, subject to and in accordance with agreements with the bondholders.
Cal. Health & Safety Code § 37934
Bonds and Notes
Known as the Marks-Foran Residential Rehabilitation Act
The act spans §§ 37910–37964 (42 sections).
Added by Stats. 1973, Ch. 1201.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.