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§ 54429 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Gov Code/
  5. Title 5 - Local Agencies/
  6. Division 2 - Cities, Counties, and Other Agencies/
  7. Part 1 - Powers and Duties Common to Cities, Counties, and Other Agencies/
  8. Chapter 6 - Revenue Bond Law of 1941/
  9. Article 4 - Provisions Relating to Bonds/
  10. § 54429
California Legal Code

§ 54429

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54429. The credit or taxing power of the local agency is not pledged for the payment of the bonds or their interest.(Added by Stats. 1949, Ch. 81.)