Section 81926 Of Chapter 5. Community College Revenue Bond Act Of 1961 From California Education Code >> Division 7. >> Title 3. >> Part 49. >> Chapter 5.

. The board shall prescribe the duties and powers of the trustee with respect to the issuance, authentication, sale, and delivery of the bonds and the payment of principal and interest thereof, the redemption of the bonds, the registration and discharge from registration of the bonds, and the management of any sinking fund or other funds provided as security for the bonds.