California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 3. POSTSECONDARY EDUCATION |
Division 8. CALIFORNIA STATE UNIVERSITY |
Part 55. CALIFORNIA STATE UNIVERSITY |
Chapter 8. Housing and Auxiliary Services |
ARTICLE 2. The State University Revenue Bond Act of 1947 |
Section 90025.
Latest version.
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An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay and discharge or cause to be paid and discharged all lawful claims for labor, materials and supplies or other charges which, if unpaid, might become a lien or charge upon the revenues, or any part thereof, of any project acquired, constructed or completed from the proceeds of the sale of the bonds, or upon any physical properties, or which might impair the security of the bonds.
(Enacted by Stats. 1976, Ch. 1010.)