The payment of both principal and interest of revenue bonds shall be secured only by the revenues pledged therefor.
Cal. Water Code § 36320
Lien of Bonds
Known as the California Water District Law
The act spans §§ 34000–38501 (855 sections).
Amended by Stats. 1980, Ch. 6, Sec. 10
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.