Section 1006.6 Of Article 7. Miscellaneous From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 7.
1006.6
. The department may include in the proceedings authorizing
the issuance of debentures any provisions not inconsistent with this
chapter which limit, restrict or regulate the holding, deposit,
investment, and application of money consisting of the proceeds from
the sale of the debentures or the revenues or other income received
from the pledged contracts entered into by the department with
veterans, and such provisions shall constitute a contract with the
holders of the debentures and shall be binding upon the department
and all other officers, officials and agencies of the State of
California and upon the state so long as any of the debentures are
outstanding.