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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

§ 54426

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

In its discretion the legislative body may provide in the resolution providing for the issuance of the bonds that, the principal, interest, and sums for other security funds shall be paid from the revenues prior to paying the maintenance and operation costs of the enterprise.

(Amended by Stats. 1963, Ch. 1104.)

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California Government Code

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