Section 26324 Of Article 2. Revenue Bonds From California Government Code >> Division 2. >> Title 3. >> Part 2. >> Chapter 14. >> Article 2.
26324
. 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 such improvement, 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.