Section 90026 Of Article 2. The State University Revenue Bond Act Of 1947 From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 8. >> Article 2.
90026
. An indenture may include a clause relating to the bonds
issued thereunder which limits, restricts, or prohibits any right,
power or privilege of the board to mortgage or otherwise encumber,
sell, lease or dispose of any improvements constructed from the
proceeds of the bonds, or to enter into any lease or agreement which
impairs or impedes the operation of a project, or any part thereof,
necessary to secure adequate revenues or which otherwise impairs or
impedes the rights of the holders of the bonds with respect to such
revenues.