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 4. Competitive Projects 50765-50766
§ 50765
California Government Code · 2020-11 edition · updated 2026-10-04 · California
The board may include, in an indenture for the issuance of revenue bonds, a clause that no competitive projects will be acquired or constructed by the board as long as any of the bonds issued under any such indenture are outstanding. Such limitation shall be valid and binding upon the board.
(Added by Stats. 1957, Ch. 2066.)
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