§ 54552
71 words·~1 min read·
/ca/government-code/54552A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The local agency may authorize the fiscal agent to receive, collect, hold, or disburse revenues collected from the enterprise for or on account of the local agency or any other funds required to be pledged or otherwise made available as security for payment of the principal of and interest on the bonds, and to apply such revenues and other funds as provided in the resolution authorizing the issuance of the bonds.