§ 33651
54 words·~1 min read·
/ca/health-and-safety-code/33651A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An agency may:
(a)Pledge all or any part of its gross or net rents, fees, or revenues to which its right then exists or may thereafter come into existence.
(b)Encumber by mortgage, deed of trust, or otherwise all or any part of its real or personal property, then owned or thereafter acquired.