BlackletterCalifornia law

Government Code § 54701.3

ARTICLE 2. Powers and Procedures

Current as of September 28, 2026Gov. Code, § 54701.3Official source ↗

Added by Stats. 1981, Ch. 1092, Sec. 1.

Rental and lease revenues derived from rental housing for employees shall be the sole revenues of the local agency pledged for the repayment of bonds issued pursuant to this chapter. A local agency may appropriate funds from whatever source derived to the repayment of bonds issued pursuant to this chapter.