Health and Safety Code § 55112
‹ § 55111§ 55113 ›Open in browserleginfo ↗55112.
The local agency may create one or more bond reserve accounts to secure payments of the principal of, and interest and sinking fund payments on, any bonds or any issuance thereof, as specified in the resolution authorizing the bonds.
(Added by Stats. 1982, Ch. 1602, Sec. 1.)