The authority may provide for the terms and conditions upon which any bonds may become or be declared due and payable prior to maturity, upon the happening of any specified event of default, and the terms and conditions upon which such declaration and its consequences may be waived.
Cal. Sts. & High. Code § 33121
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.