Section 90027 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.
90027
. An indenture may include a clause relating to the bonds
issued thereunder requiring the board to fix, prescribe, and collect
rates, rentals, or other charges in connection with the services and
facilities furnished from the project acquired, constructed, or
purchased from part or all of the proceeds of the bonds, or from the
revenues securing the bonds, sufficient to pay the principal of and
interest on the bonds as they become due and payable, together with
additional sums that may be required for any fund created by this
article, for the further security of the bonds or as a depreciation
charge or other charge in connection with the project.