California Legal Codes and Statutes

§ 54466

Added by Stats. 1949, Ch. 81.

The legislative body may also specifically provide that the proceeds of insurance against loss of revenue shall be used solely for the payment and retirement of the bonds issued for acquisition, construction, or improvement of the enterprise.

Cite this section

Cal. Gov. Code § 54466 (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-54466

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.