Government Code § 54423

ARTICLE 4. Provisions Relating to Bonds

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

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.