Section 67589 Of Article 4. Revenue Bonds From California Government Code >> Title 7.8. >> Chapter 3. >> Article 4.
67589
. No indenture need be recorded or filed in any public office,
other than the office of the commission. The pledge of revenues
provided in any indenture shall take effect forthwith as provided
therein, and irrespective of the date of receipt of such revenues by
the commission or the indenture trustee. Such pledge shall be
effective as provided in the indenture without physical delivery of
the revenues to the commission or to the indenture trustee.