California Legal Codes and Statutes

§ 54461

Added by Stats. 1949, Ch. 81.

The legislative body may provide limitations on:

(a)The purpose to which the proceeds of sale of any issue of bonds may be applied.
(b)The issuance of additional bonds for the same purpose and on the lien of additional bonds.
(c)The right of the local agency to restrict and regulate the use of the enterprise.

Cite this section

Cal. Gov. Code § 54461 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-6-revenue-bond-law-of-1941/article-5-additional-powers-to-secure-bonds/section-54461

Other sections in Article 5 - Additional Powers to Secure Bonds

§ 54460§ 54461§ 54462§ 54463§ 54464§ 54465§ 54466§ 54467§ 54468§ 54469§ 54470§ 54471§ 54472§ 54473§ 54474§ 54475§ 54476§ 54477§ 54478

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.