Section 25385.7 Of Article 7.5. Hazardous Substance Cleanup Bond Act Of 1984 From California Health And Safety Code >> Division 20. >> Chapter 6.8. >> Article 7.5.
25385.7
. (a) All bonds authorized by this article, which are sold
and delivered as provided in this article, constitute valid and
legally binding general obligations of the State of California, and
the full faith and credit of the State of California are hereby
pledged for the punctual payment of both principal and interest
thereon.
(b) There shall be collected annually, in the same manner and at
the same time as other state revenue is collected, that sum, in
addition to the ordinary revenues of the state, which is required to
pay the principal of, and interest on, the bonds as provided in this
article, and all officers charged by law with any duty in regard to
the collection of the revenue shall perform each and every act which
is necessary to collect this additional sum.