Section 54429.

Cal. Government Code - GOV § 54429.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The credit or taxing power of the local agency is not pledged for the payment of the bonds or their interest.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements