California Education Code 90020 – An indenture may provide that payments of principal and interest of …
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An indenture may provide that payments of principal and interest of bonds shall be secured by all or by part of revenues.
(Enacted by Stats. 1976, Ch. 1010.)
Terms Used In California Education Code 90020
- Indenture: means an agreement entered into by the board pursuant to which revenue bonds are issued, regardless of whether the agreement is expressed in the form of a resolution of the board or by other instrument. See California Education Code 90011