reglab/housing_qa huggingface dataset:
CA Govt Code § 54407 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54407.

54407.  By resolution, the legislative body may provide the manner for authenticating the bonds and other terms to be contained in the bonds.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54408 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54408.

54408.  Pending the preparation of the definitive bonds, interim receipts or temporary bonds, exchangeable for definitive bonds may be issued in the form and with the provisions the legislative body determines.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54409 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54409.

54409.  In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54410 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54410.

54410.  In determining the amount of bonds to be issued, the legislative body may include:(a) All costs and estimated costs incidental to or connected with the acquisition, construction, improving or financing of the enterprise.(b) All engineering, inspection, legal and fiscal agent’s fees, costs of the bond election and of the issuance of said revenue bonds, bond reserve funds and working capital and bond interest estimated to accrue during the construction period and for a period of not to exceed twelve months after completion of construction.(Amended by Stats. 1949, Ch. 1492.)
CA Govt Code § 54411 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54411.

54411.  Bonds bearing the signature of officers of the local agency in office on the date of the signing are valid, notwithstanding that before delivery the persons signing have ceased to be officers.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54412 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54412.

54412.  The validity of the authorization and issuance of the bonds is not affected by proceedings for the acquisition, construction, or improving of the enterprise or by contracts in connection therewith.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54413 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54413.

54413.  Any resolution authorizing bonds may provide that the bonds may recite that it is issued pursuant to this chapter and bonds containing such recital are conclusively deemed valid and issued in conformity with this chapter.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54414 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54414.

54414.  Reference on the face of the bonds to the resolution by its date of adoption incorporates the provisions of the resolution and of this chapter into the bonds and their coupons.(Amended by Stats. 1953, Ch. 369.)
CA Govt Code § 54415 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54415.

54415.  Each taker and subsequent holder of the bonds and attached or detached coupons has recourse to all of the provisions of the resolution and of this chapter and is bound by their terms.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54416 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54416.

54416.  The legislative body may issue and sell the bonds in the manner it determines.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54417 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54417.

54417.  The legislative body may sell the bonds in installments at different times or as an entire series of bonds at one time.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54418 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54418.

54418.  The legislative body may sell the bonds at a price above or below par in a manner, at public or private sale, as it determines by resolution. If the legislative body decides to sell the bonds at private sale rather than public sale, the local agency shall send a written statement to the California Debt Advisory Commission, no later than two weeks after the sale of the bonds, explaining the reasons for that decision.(Amended by Stats. 1990, Ch. 1130, Sec. 7.)
CA Govt Code § 54419 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54419.

54419.  The sale price of all bonds sold shall include the interest accrued to the date of delivery of and payment for the bonds.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54420 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54420.

54420.  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.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54421 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54421.

54421.  By resolution the legislative body may pledge, place a charge upon, and assign all or any part of the gross revenues of the enterprise and of any and all funds referred to in Section 54478 for the security of the bonds. The gross revenues of the enterprise include revenues of improvements and extensions later constructed or acquired and revenues of existing systems, plants, works, or undertakings to be improved or extended or for the improvement or extension of which the bonds are to be issued.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54422 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54422.

54422.  The payment of interest on and principal of the bonds and any premiums upon the redemption of any thereof are secured by a pledge, charge, and lien upon the revenues of the enterprise and upon such other funds as shall be specified in the resolution authorizing the issuance of the bonds.(Amended by Stats. 1990, Ch. 1130, Sec. 8.)
CA Govt Code § 54423 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54423.

54423.  The revenues and any interest earned on the revenues and all other funds specified in the resolution authorizing the issuance of the bonds constitute a trust fund for the security and payment of the interest on and principal of the bonds.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54424 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54424.

54424.  So long as any bonds or interest thereon are unpaid the revenues and interest thereon shall not be used for any other purpose, except as provided in Sections 54425 and 54426.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54425 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54425.

54425.  If the interest and principal of the bonds and all charges to protect or secure them are paid when due an amount for the necessary and reasonable maintenance and operation costs of the enterprise, which costs include the reasonable expenses of management, repair and other expenses necessary to maintain and preserve the enterprise in good repair and working order, may be apportioned from the revenues, and subject to any limiting covenants in the resolution providing for the issuance of bonds, the remaining surplus may be used for any lawful purpose of the local agency.(Amended by Stats. 1955, Ch. 395.)
CA Govt Code § 54426 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54426.

54426.  In its discretion the legislative body may provide in the resolution providing for the issuance of the bonds that, the principal, interest, and sums for other security funds shall be paid from the revenues prior to paying the maintenance and operation costs of the enterprise.(Amended by Stats. 1963, Ch. 1104.)
CA Govt Code § 54427 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54427.

54427.  Bonds of the same issue shall be equally secured by a pledge, charge, and lien upon the revenues of the enterprise and all other funds specified in the resolution authorizing the issuance of the bonds, without priority for number, date of bonds, of sale, of execution, or of delivery pursuant to this chapter and the resolution authorizing the issuance of the bonds; except that any local agency may authorize the issuance of bonds of different series and may provide that the bonds in any series shall, to the extent and in the manner prescribed in the resolution, be subordinated and be junior in standing, with respect to the payment of principal and interest and the security thereof, to such other bonds as may be specified in the resolution.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54428 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54428.

54428.  The general fund of the local agency is not liable for the payment of the bonds or their interest.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54429 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54429.

54429.  The credit or taxing power of the local agency is not pledged for the payment of the bonds or their interest.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54430 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54430.

54430.  The holder of the bonds or coupons shall not compel the exercise of the taxing power by the local agency or the forfeiture of its property.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54431 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54431.

54431.  The principal of and interest on the bonds and any premiums upon the redemption of any thereof are not a debt of the local agency, nor a legal or equitable pledge, charge, lien, or encumbrance, upon any of its property, or upon any of its income, receipts, or revenues except the revenues of the enterprise and other funds that may be legally applied, pledged, or otherwise made available to their payment.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54432 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54432.

54432.  Every bond shall recite in substance that the principal of and interest on the bond are payable solely from the revenues and other funds pledged or otherwise made available to its payment and that the local agency is not obligated to pay it except from the revenues of the enterprise and from such other funds.(Amended by Stats. 1953, Ch. 526.)
CA Govt Code § 54435 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 4 - Provisions Relating to Bonds|Section 54435.

54435.  The bonds and interest or income from the bonds are exempt from taxation in this State, except from gift, inheritance, and estate taxes.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54460 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54460.

54460.  In the resolution authorizing the bonds, the legislative body may insert any of the provisions authorized by this article, which shall become a part of the contract with the bond holders.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54461 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54461.

54461.  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.)
CA Govt Code § 54462 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54462.

54462.  The legislative body may provide for the amount and kind of insurance on the enterprise including insurance against:(a) Accident to or destruction of any enterprise from any or all risks.(b) Loss of revenues from an enterprise.(c) Public liability or property damage and workmen’s compensation.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54463 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54463.

54463.  It may provide for other insurance carried by private companies on property or risks on the same or similar enterprises.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54464 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54464.

54464.  The legislative body may provide for the use and disposition of insurance money.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54465 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54465.

54465.  Without limiting the authority granted, the legislative body may specifically provide that money collected from insurance against accident to or destruction of the physical enterprise shall be used for repairing or rebuilding the damaged or destroyed enterprise. The legislative body may provide that if the money is not so applied within a period specified by the local agency, it shall be applied to the retirement of any outstanding and unredeemed bonds issued for the enterprise.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54466 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54466.

54466.  The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54467 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54467.

54467.  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.)
CA Govt Code § 54468 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54468.

54468.  It may insert covenants against the entering into any agreement which impairs the operation of the enterprise or any part of it necessary to secure adequate revenues to pay the principal and interest of the bonds or which otherwise would impair the rights of the bondholders with respect to the revenues or the operation of the enterprise.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54469 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54469.

54469.  The legislative body may provide for events of default and terms upon which the bonds may be declared due before maturity and the terms upon which the declaration and its consequences may be waived.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54470 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54470.

54470.  The legislative body may provide for the rights, liabilities, powers, and duties arising upon the local agency’s breach of any covenants, conditions, or obligations.(Added by Stats. 1949, Ch. 81.)
CA Govt Code § 54471 (2021)
2021 California Code|Government Code - GOV|TITLE 5 - LOCAL AGENCIES|DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES|PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES|CHAPTER 6 - Revenue Bond Law of 1941|ARTICLE 5 - Additional Powers to Secure Bonds|Section 54471.

54471.  The legislative body may provide for the vesting in a trustee of the right to enforce covenants to secure payment of or in relation to the bonds and the trustee’s powers, duties, and the limitation of his liabilities.(Added by Stats. 1949, Ch. 81.)