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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 5. Additional Powers to Secure Bonds 54460-54478

§ 54461

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

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California Government Code

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