Section 92473 Of Article 3. Revenue Bonds From California Education Code >> Division 9. >> Title 3. >> Part 57. >> Chapter 5. >> Article 3.
92473
. Before issuing any bond or bonds pursuant to this chapter,
the regents shall by resolution declare the purpose for which the
proceeds of the bonds proposed to be issued shall be expended and
shall specify the maximum amount of bonds to be issued or sold for
such purpose. Bonds shall not be issued or sold for such purpose in
an amount exceeding the maximum specified in such resolution except
with the consent of bondholders, pursuant to amendment or
modification of an indenture, as provided in Sections 92528 and
92529. Nothing in this section shall be construed to prevent the
regents from amending any such resolution prior to the issuance of
bonds authorized thereby to increase or decrease the maximum amount
of bonds to be issued or sold. The issuance of bonds for one or more
projects may be included in a single resolution of authorization.