BlackletterCalifornia law

Government Code § 54423

ARTICLE 4. Provisions Relating to Bonds

Current as of September 28, 2026Gov. Code, § 54423Official source ↗

Amended by Stats. 1953, Ch. 526.

The revenues and any interest earned on the revenues and all other funds specified in the resolution authorizing the issuance of the bonds constitute a trust fund for the security and payment of the interest on and principal of the bonds.