California Legal Codes and Statutes

§ 54468

Added by Stats. 1949, Ch. 81.

It may insert covenants against the entering into any agreement which impairs the operation of the enterprise or any part of it necessary to secure adequate revenues to pay the principal and interest of the bonds or which otherwise would impair the rights of the bondholders with respect to the revenues or the operation of the enterprise.

Cite this section

Cal. Gov. Code § 54468 (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-54468

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.