TITLE 5. LOCAL AGENCIES 50001-57550›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES 53000-55821›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES 53000-54999.7›CHAPTER 6. Revenue Bond Law of 1941 54300-54700›ARTICLE 5. Additional Powers to Secure Bonds 54460-54478

§ 54466

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

The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.

(Added by Stats. 1949, Ch. 81.)

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California Government Code

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