Section 33653 Of Article 5. Agency Bonds From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 6. >> Article 5.
33653
. An agency may:
(a) Covenant as to the bonds to be issued, as to the issuance of
such bonds in escrow or otherwise, and as to the use and disposition
of the bond proceeds.
(b) Provide for the replacement of lost, destroyed, or mutilated
bonds.
(c) Covenant against extending the time for the payment of its
bonds or interest.
(d) Redeem the bonds, covenant for their redemption, and provide
the redemption terms and conditions.