Section 54432 Of Article 4. Provisions Relating To Bonds From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 6. >> Article 4.
54432
. Every bond shall recite in substance that the principal of
and interest on the bond are payable solely from the revenues and
other funds pledged or otherwise made available to its payment and
that the local agency is not obligated to pay it except from the
revenues of the enterprise and from such other funds.