Section 54552 Of Article 7. Fiscal Agent From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 6. >> Article 7.
54552
. The local agency may authorize the fiscal agent to receive,
collect, hold, or disburse revenues collected from the enterprise for
or on account of the local agency or any other funds required to be
pledged or otherwise made available as security for payment of the
principal of and interest on the bonds, and to apply such revenues
and other funds as provided in the resolution authorizing the
issuance of the bonds.