TITLE 5. LOCAL AGENCIES 50001-57550›DIVISION 1. CITIES AND COUNTIES 50001-52203›PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES 50001-51298.5›CHAPTER 3.5. Revenue Bonds for Public Improvements 50701-50798.4›ARTICLE 1. Authority 50701-50713

§ 50710

California Government Code · 2018-11 edition · updated 2026-10-04 · California

The board may insure against any accident to or destruction of any project or any part thereof. Any money collected on such insurance shall be used for the purpose of repairing or rebuilding the project damaged, injured or destroyed or for the retirement of any revenue bonds issued in connection therewith which may be outstanding or unredeemed, as may be agreed upon by the board in the indenture authorizing the issuance of the bonds.

(Added by Stats. 1957, Ch. 2066.)

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California Government Code

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