Health and Safety Code section 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.

Source: Section 55112, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=55112. (updated Jan. 1, 1982; accessed Oct. 19, 2026).

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Up to date

Verified:
Oct. 19, 2026

§ 55112's source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_55112

Original Source: Section 55112, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=55112. (last accessed May 12, 2025).