California Law (Last Updated: March 4, 2014) |
Military and Veterans Code - MVC |
Division 2. THE MILITARY FORCES OF THE STATE |
Part 1. THE STATE MILITIA |
Chapter 10. California National Guard Members’ Revenue Bond Act of 1978 |
ARTICLE 7. Remedies of Revenue Bondholders |
Section 489.5.
Latest version.
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While any of the revenue bonds remain outstanding the powers, duties, or existence of the department and of every other official or agency of the State of California shall not be diminished or impaired in any manner that will adversely affect the interests and rights of the holders of the revenue bonds.
(Added by Stats. 1978, Ch. 1274.)