Section 92252 Of Chapter 5. Bonds And Notes From California Government Code >> Title 11. >> Chapter 5.

. The commission may, from time to time, issue its negotiable bonds, notes, debentures, or other securities, collectively called "bonds" for any corporate purpose. The bonds may be authorized, without limiting the generality of the foregoing, to finance a single project for a single participating party, a series of projects for a single participating party, a single project for several participating parties, or several projects for several participating parties.