{"code":"HSC","codeName":"Health and Safety Code","section":"4992","citation":"Health & Saf. Code, § 4992","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. SANITATION [4600. - 6127.]","url":"https://blackletter.si/health-and-safety-code/division-5"},{"name":"PART 3. COMMUNITY FACILITIES [4600. - 6127.]","url":"https://blackletter.si/health-and-safety-code/division-5/part-3"},{"name":"CHAPTER 5. Sewer Revenue Bonds [4950. - 5072.]","url":"https://blackletter.si/health-and-safety-code/division-5/part-3/chapter-5"},{"name":"ARTICLE 4. Bonds [4985. - 4997.]","url":"https://blackletter.si/health-and-safety-code/division-5/part-3/chapter-5/article-4"}],"history":"Added by Stats. 1957, Ch. 8.","effective":null,"html":"<p>In the ordinance authorizing the issuance of the bonds, provision may be made, but are not limited to provisions:</p><p>(a) That all or part of the bonds are callable, the manner of the call and the premiums to be paid thereon; </p><p>(b) That all or part of the bonds are payable at the office of a paying or fiscal agent, within or without the State, and for the payment of fees therefor; </p><p>(c) For the pledge of revenues, its nature, and its parity with other sewer revenue bonds issued or to be issued; </p><p>(d) For the percentage that annual net revenues shall bear to bond and interest payments; </p><p>(e) For reserve, surplus and other funds usual in the issuance of revenue bonds; </p><p>(f) For the duties and obligations of the district; </p><p>(g) For the remedies of bondholders, which may be in addition to those provided herein; </p><p>(h) For the manner of amending or abrogating the bond ordinance or refunding any or all bonds thereunder; </p><p>(i) For occurrences in the event of default and the rights and remedies arising therefrom; and </p><p>(j) For usual and customary covenants for the security and protection of the payment of the bonds. </p>","text":"In the ordinance authorizing the issuance of the bonds, provision may be made, but are not limited to provisions: (a) That all or part of the bonds are callable, the manner of the call and the premiums to be paid thereon; (b) That all or part of the bonds are payable at the office of a paying or fiscal agent, within or without the State, and for the payment of fees therefor; (c) For the pledge of revenues, its nature, and its parity with other sewer revenue bonds issued or to be issued; (d) For the percentage that annual net revenues shall bear to bond and interest payments; (e) For reserve, surplus and other funds usual in the issuance of revenue bonds; (f) For the duties and obligations of the district; (g) For the remedies of bondholders, which may be in addition to those provided herein; (h) For the manner of amending or abrogating the bond ordinance or refunding any or all bonds thereunder; (i) For occurrences in the event of default and the rights and remedies arising therefrom; and (j) For usual and customary covenants for the security and protection of the payment of the bonds.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/bonds-4992","source":"California Legislative Information bulk export (pubinfo)"}