Section 99321

Pub. Util. Code § 99321, under Limited Obligation Bonds.

Pub. Util. Code § 99321

For purposes of this article, “limited obligation bonds” are bonds payable solely from the local transportation fund of the county. The money, or portion thereof, designated by the transportation planning agency in such fund to pay interest and redemption charges shall hereafter be referred to as “revenues.”

(Added by Stats. 1971, Ch. 1400.)