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2021 California Code
Streets and Highways Code - SHC
DIVISION 18 - PARKING
PART 2 - PARKING LAW OF 1949
CHAPTER 5 - Revenue Bonds
Section 33115.
Universal Citation: CA St & Hwy Code § 33115 (2021)
33115.
The authority may provide for the making of a covenant which limits, restricts, or prohibits the power of the authority to mortgage or otherwise encumber, sell, lease, or dispose of any or all facilities and properties, any revenues of which are charged with the payment of any bonds in connection with which the covenant is made, or to enter into any lease or agreement which might impair or impede the operation of such facilities or properties, or any part thereof, or might otherwise impair or impede the rights of bondholders with respect to such revenues.
(Amended by Stats. 1951, Ch. 1388.)
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