§ 26465
51 words·~1 min read·
/ca/government-code/26465A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may include, in an indenture for the issuance of revenue bonds, a clause that no competitive projects will be acquired or constructed by the board as long as any of the bonds issued under any such indenture are outstanding. Such limitation shall be valid and binding upon the board.