Cal. Health and Safety Code § 44562
Cal. Health and Safety Code § 44562
California · California Health and Safety Code · Status: effective
Cite this
- Citation
- Cal. Health and Safety Code § 44562, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/868972
- Permanent ID
ys:prov:868972@1- SHA-256
55813253a0d37af9d1461629417b9b71ebb29e1c0577d632068a38c7bcc7b16d
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Full text
The State of California does hereby pledge to and agree with the holders of any obligations issued under this division, and with those parties who may enter into contracts with the authority pursuant to the provisions of this division, that the state will not limit or alter the rights hereby vested in the authority until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of the authority, provided nothing herein contained shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such obligations of the authority or those entering into such contracts with the authority. The authority as agent for the state is authorized to include this pledge and undertaking for the state in such obligations or contracts.