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.
Ca. Gov. Code § 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.
Ca. Gov. Code § 54471