California Government Code ARTICLE 4 - Pledge and Use of Revenues to Pay and Secure General Obligation Bonds

• Section 53500.
  As used in this article:(a) “Local agency” means county, city, city and county, public district, or other public or municipal corporation.(b) “General obligation bonds” means bonds, warrants,...
• Section 53501.
  This article applies to all local agencies which have the power to issue general obligation bonds to acquire, construct or finance a revenue-producing facility.(Added by...
• Section 53502.
  In any ordinance, resolution, order or indenture providing for the issuance of general obligation bonds of a local agency to provide funds for the acquisition,...
• Section 53503.
  In connection with such pledge the legislative body may provide in such ordinance, resolution, order or indenture such covenants, promises, restrictions and provisions as it...
• Section 53504.
  The pledge and the payment and security provisions authorized by this article shall be in addition to, and not in derogation of, any provisions permitted...
• Section 53505.
  If the legislative body intends to exercise the powers granted by this article it shall make a statement of such intention in any ordinance, resolution...

Last modified: October 22, 2018