Cal. Gov. Code § 54701.3

Current through the 2023 Legislative Session.

Section 54701.3 - Revenues pledged for repayment of bonds; appropriation to repay

Rental and lease revenues derived from rental housing for employees shall be the sole revenues of the local agency pledged for the repayment of bonds issued pursuant to this chapter. A local agency may appropriate funds from whatever source derived to the repayment of bonds issued pursuant to this chapter.

Ca. Gov. Code § 54701.3

Added by Stats. 1981, Ch. 1092, Sec. 1.