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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

§ 54467

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

The legislative body may insert in the resolution covenants against the mortgaging or otherwise encumbering, selling, leasing, pledging, placing any charge upon, or disposing of the enterprise or any of its revenues or any other funds pledged or otherwise made available to secure payment of the principal of and interest on the bonds.

(Amended by Stats. 1953, Ch. 526.)

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California Government Code

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