The authority may provide for the making of a covenant requiring the authority to continuously operate in an efficient and economical manner any or all facilities and properties any revenues of which are charged with the payment of any bonds in connection with which such covenant is made.
Cal. Sts. & High. Code § 33111
Revenue Bonds
Known as the Parking Law
The act spans §§ 32500–33552 (111 sections).
Amended by Stats. 1951, Ch. 1388.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.