The ordinance, resolution, or indenture providing for the issuance of the bonds may also provide for interest and redemption funds, sinking funds, reserve funds, and any other funds necessary or convenient for use in the payment of the bonds and the interest thereon.
Cal. Sts. & High. Code § 35415
Bonds, Acquisitions and Improvements
Known as the Parking District Law
The act spans §§ 35100–35708 (190 sections).
Added by Stats. 1953, Ch. 192.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.