Section 67572 Of Article 4. Revenue Bonds From California Government Code >> Title 7.8. >> Chapter 3. >> Article 4.
67572
. The commission may issue bonds in series and may divide any
series into one or more divisions and fix different maturities or
dates of such bonds, different rates of interest, or prescribe
different terms and conditions for the bonds of the several series or
divisions. It is not necessary that all bonds of the same authorized
issue be of the same kind or character, have the same security, or
be of the same interest rate, but the terms thereof shall in each
case be provided for by the commission, at or prior to the issue
thereof. The commission may provide for successive issues or may
provide for one maximum issue. The commission may provide that all
bonds, or the bonds of any specified issue, shall be paid from and
secured by the revenues of the specified facilities, all in the
manner and upon the terms set forth in the indenture.