California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 5. LOCAL AGENCIES |
Division 1. CITIES AND COUNTIES |
Part 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES |
Chapter 3. Bonds |
ARTICLE 4. Limited Obligation Bonds |
Section 50667.6.
Latest version.
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The legislative body may provide for the vesting in a trustee of the right to enforce covenants to secure payment of, or in relation to, the bonds and the trustee's powers and duties, and the limitation of his or her liabilities.
(Added by Stats. 1985, Ch. 320, Sec. 2.)