California Education Code 92484 – The regents may provide that the bonds and the interest on the bonds …
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The regents may provide that the bonds and the interest on the bonds shall be secured by all or by part of revenues of a project upon the basis of which revenue bonds are issued or authorized to be issued, and shall constitute such lien upon the revenues of such project as may be provided for in the indenture.
(Enacted by Stats. 1976, Ch. 1010.)
Terms Used In California Education Code 92484
- Lien: A claim against real or personal property in satisfaction of a debt.