TITLE 5. LOCAL AGENCIES 50001-57607›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 2. Revenue Bonds 50715-50753
§ 50727
California Government Code · 2020-11 edition · updated 2026-10-04 · California
An indenture may include a clause limiting the power of the board to apply the proceeds of the sale of any issue of bonds for the acquiring, constructing, or completing of any improvement or any part thereof, or more than one of such improvements.
(Added by Stats. 1957, Ch. 2066.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code