DIVISION 20.7. SANTA MONICA BAY RESTORATION 30988-30988.3›CHAPTER 3. Funds: Security for Payment of Bonds: Accounts: Deposits: Investments: Interest and Other Increments 32060-32066›ARTICLE 1. General 32100-32116
§ 32109
California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California
In the discretion of the authority, any bonds issued under this division may be secured by a trust agreement by and between the authority and a corporate trustee or trustees, which may be the Treasurer or any trust company or bank having the powers of a trust company within or without the state.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
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