Section 1002.24 Of Article 3. Provisions Of Resolutions Of Issuance And Supplemental Resolutions From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 3.
1002.24
. A resolution of issuance may include a covenant that the
department will at all times use its best efforts to maintain the
powers, functions, duties and obligations reposed in it pursuant to
law at the time of adoption of such resolution, and that it will not
at any time voluntarily do, suffer or permit any act or thing, the
effect of which would be to hinder, delay or imperil the payment of
the indebtedness evidenced by any of the debentures or the
performance or observance of any of the covenants contained in such
resolution.