Every bond shall recite in substance that the principal of and interest on the bond are payable solely from the revenues pledged to its payment and that the county is not obligated to pay it, except from the revenues.
Cal. Pub. Util. Code § 99337
Limited Obligation Bonds
Known as the Mills-Alquist-Deddeh Act
The act spans §§ 99200–99420 (261 sections).
Added by Stats. 1971, Ch. 1400.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.