California CodesGovernment CodeTitle 5 - LOCAL AGENCIESDivision 2 - CITIES, COUNTIES, AND OTHER AGENCIESPart 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIESChapter 6 - Revenue Bond Law of 1941Article 6 - Duties of Local Agencies§ 54511§ 54511Added by Stats. 1949, Ch. 81.Such performance is of the essence of the local agency’s contract with the bondholders.Cite this sectionCal. Gov. Code § 54511 (2026)Copyhttps://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-6-duties-of-local-agencies/section-54511CopyOther sections in Article 6 - Duties of Local Agencies§ 54510§ 54511§ 54512§ 54513§ 54514§ 54515§ 54516§ 54516.1§ 54516.2§ 54516.3§ 54517§ 54518§ 54519§ 54520§ 54521§ 54522§ 54523§ 54524← § 54510§ 54512 →