The authority may provide for the making of a covenant requiring the authority to make all repairs, renewals and replacements necessary to the operation of 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, and to keep any and all such facilities and property at all times in good repair.
Cal. Sts. & High. Code § 33112
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.