California Law (Last Updated: March 4, 2014) |
Health and Safety Code - HSC |
Division 32. SEISMIC SAFETY BUILDING REHABILITATION LOANS |
Part 2. BONDS |
Section 55112.
Latest version.
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The local agency may create one or more bond reserve accounts to secure payments of the principal of, and interest and sinking fund payments on, any bonds or any issuance thereof, as specified in the resolution authorizing the bonds.
(Added by Stats. 1982, Ch. 1602, Sec. 1.)