DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 9. HEALTH BENEFITS FOR DEPENDENTS OF STATE EMPLOYEES 22980›CHAPTER 13. Miscellaneous Powers 26200-26231›ARTICLE 2. Revenue Bonds 26315-26353

§ 26320

California Government Code · 2026-09 edition · updated 2026-09-27 · California

An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all improvements acquired, constructed, or completed, in whole or in part, from the proceeds of the bonds in an efficient and economical manner.

(Added by Stats. 1947, Ch. 815.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Government Code

California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.