Government Code section 6599.03

In addition to the powers specified in Chapter 5 (commencing with Section 6500), the authority may issue revenue bonds or certificates of participation, or both, to establish capital, surplus, and prudent reserves, and may secure payment of the bonds and interest by pledging all or part of its revenues from the receipt of premiums.

Source: Section 6599.03, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=6599.03. (updated Jan. 1, 1986; accessed Dec. 29, 2025).

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Up to date

Verified:
Dec. 29, 2025

§ 6599.03's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_6599.03

Original Source: Section 6599.03, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=6599.03. (last accessed May 12, 2025).