The indenture may provide for the rights, liabilities, powers and duties arising upon the entity‘s breach of any covenants, conditions or obligations of the indenture.

(Added by Stats. 1955, Ch. 329.)

Terms Used In California Government Code 6566

  • Entity: as used in this article means any agency, board or commission provided for by a joint powers agreement pursuant to Article 1 of this chapter. See California Government Code 6542
  • Indenture: as used in this article means the instrument providing the terms and conditions for the issuance of the revenue bonds, and may be a resolution, order, agreement or other instrument. See California Government Code 6544
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  Previous section
Next section  
 Article 2 Contents