Cal. SHC § 35432
This is the official text of Cal. SHC § 35432, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
The bonds issued under Section 35430 to provide additional public parking facilities for the district may in part be secured by those net revenues from parking meters on public ways within the district which were allocated and pledged to the payment of bonds previously issued to the extent the allocation and pledge of such revenues to the payment of the additional bonds is not prohibited by the ordinance, resolution or indenture providing for the bonds previously issued.
Status: in_force · Read it on the official government site
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