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Section 4992.

CA Health & Safety Code § 4992 (2019) (N/A)
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In the ordinance authorizing the issuance of the bonds, provision may be made, but are not limited to provisions:

(a)  That all or part of the bonds are callable, the manner of the call and the premiums to be paid thereon;

(b)  That all or part of the bonds are payable at the office of a paying or fiscal agent, within or without the State, and for the payment of fees therefor;

(c)  For the pledge of revenues, its nature, and its parity with other sewer revenue bonds issued or to be issued;

(d)  For the percentage that annual net revenues shall bear to bond and interest payments;

(e)  For reserve, surplus and other funds usual in the issuance of revenue bonds;

(f)  For the duties and obligations of the district;

(g)  For the remedies of bondholders, which may be in addition to those provided herein;

(h)  For the manner of amending or abrogating the bond ordinance or refunding any or all bonds thereunder;

(i)  For occurrences in the event of default and the rights and remedies arising therefrom; and

(j)  For usual and customary covenants for the security and protection of the payment of the bonds.

(Added by Stats. 1957, Ch. 8.)

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