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Cal. Government Code § 54420

Cal. Government Code § 54420

California · California Government Code · Status: effective

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Cal. Government Code § 54420, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/849124
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The bonds are special obligations of the local agency and are secured by a pledge of and shall be a charge upon, and shall be payable, as to the principal thereof, interest thereon, and any premiums upon the redemption of any thereof, solely from and secured by a lien upon the gross revenues of the enterprise and such funds as are described in the resolution authorizing the issuance of the bonds.