DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 5.5. Water Research and Development 54280-54281›ARTICLE 4. Provisions Relating to Bonds 54400-54435
§ 54423
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The revenues and any interest earned on the revenues and all other funds specified in the resolution authorizing the issuance of the bonds constitute a trust fund for the security and payment of the interest on and principal of the bonds.
(Amended by Stats. 1953, Ch. 526.)
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