§ 50720
41 words·~1 min read·
/ca/government-code/50720A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all improvements acquired, constructed, or completed, in whole or in part, from the proceeds of the bonds in an efficient and economical manner.