A resolution of issuance may include provisions requiring the department to hold or cause to be held in trust the revenues, or any part of the revenues, pledged to the payment of debentures and the interest thereon, and to apply or cause to be applied revenues or such part of revenues, only as provided in the resolution of issuance.
Cal. Mil. & Vet. Code § 1002.15
Provisions of Resolutions of Issuance and Supplemental Resolutions
Known as the Veterans’ Revenue Debenture Act
The act spans §§ 1000–1006 (79 sections).
Added by Stats. 1970, Ch. 1488.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.