Section 1003.2 Of Article 4. Appropriation, Security, Sale, And Funds From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 4.
1003.2
. The revenues shall be pledged first to the payment of the
principal of and interest on the debentures and to all funds created
for the further security of such debentures. In addition there shall
be pledged to the payment of such principal and interest and all
other charges, including reserve fund, sinking fund and all other
payments required to be made in connection with the debentures, as
further security therefor, such portions of the funds appropriated in
Section 1003.1 as the Veterans' Debenture Finance Committee shall
deem necessary to adequately protect the rights of the debenture
holders.