{"data":{"id":"us-ca/gov-54420","jurisdiction":"us-ca","citation":"GOV § 54420","heading":"","body":"The bonds are special obligations of the local agency and are secured by a pledge of and shall be a charge upon, and shall be payable, as to the principal thereof, interest thereon, and any premiums upon the redemption of any thereof, solely from and secured by a lien upon the gross revenues of the enterprise and such funds as are described in the resolution authorizing the issuance of the bonds.","path":["Government Code - GOV","TITLE 5. LOCAL AGENCIES [50001. - 57607.]","DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","CHAPTER 6. Revenue Bond Law of 1941 [54300. - 54700.]","ARTICLE 4. Provisions Relating to Bonds [54400. - 54435.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"336bbd356c96d926202a440fc5a4e47682978bdecdadfbb28728861ba7751577","source_id":"us-ca","stale":false,"prev":"us-ca/gov-54419","next":"us-ca/gov-54421"},"notice":"GroundRules: Original legal text. Not legal advice."}