TITLE 5. LOCAL AGENCIES 50001-57607›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
§ 54461
California Government Code · 2020-11 edition · updated 2026-10-04 · California
The legislative body may provide limitations on:
(a) The purpose to which the proceeds of sale of any issue of bonds may be applied.
(b) The issuance of additional bonds for the same purpose and on the lien of additional bonds.
(c) The right of the local agency to restrict and regulate the use of the enterprise.
(Added by Stats. 1949, Ch. 81.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code