§ 54426
45 words·~1 min read·
/ca/government-code/54426A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In its discretion the legislative body may provide in the resolution providing for the issuance of the bonds that, the principal, interest, and sums for other security funds shall be paid from the revenues prior to paying the maintenance and operation costs of the enterprise.