Cal. Ed. Code § 81909

Current through the 2023 Legislative Session.

Section 81909 - Payments of principal and interest secured by revenues

An indenture may provide that payments of principal and interest of bonds shall be secured by all or by part of revenues.

Ca. Educ. Code § 81909

Added by Stats. 1982, Ch. 251, Sec. 28. Effective June 11, 1982. Operative July 1, 1982, by Sec. 47 of Ch. 251.