Section 33810 Of Article 2. Findings And Declarations From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 9. >> Article 2.

. The Legislature finds and declares that the security of millions of dollars of indebtedness incurred prior to July 1, 1978, and dependent upon taxes allocated pursuant to Section 16 of Article XVI of the California Constitution and subdivision (b) of Section 33670 for its security is seriously threatened.