Cal. HSC § 4992
This is the official text of Cal. HSC § 4992, part of California’s Health and Safety Code — covers public health, hospitals, controlled substances, and environmental health standards.
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Official statutory 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.
(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.
Status: in_force · Read it on the official government site
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