Gov. Code, § 54426 · Article 4. Provisions Relating to Bonds

Gov. Code, § 54426

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

In its discretion the legislative body may provide in the resolution providing for the issuance of the bonds that, the principal, interest, and sums for other security funds shall be paid from the revenues prior to paying the maintenance and operation costs of the enterprise.

Notes and commentary — not statutory text

History

Amended by Stats. 1963, Ch. 1104.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=54426.
Text hash: sha256 32b1a906bca148ee4a2fb21fcf4563bde47d06dfa968f0e42678ec87baa446db
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Gov. Code, § 54426. Each shows the citation as that text prints it.

Government Code

Gov. Code, § 54424Printed as Sections 54425 and 54426

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.