Section 34359 Of Article 5. Bonds From California Health And Safety Code >> Division 24. >> Part 2. >> Chapter 1. >> Article 5.
34359
. An authority may:
(a) Pledge all or any part of its gross or net rents, fees, or
revenues to which its right then exists or may thereafter come into
existence.
(b) Mortgage all or any part of its real or personal property then
owned or thereafter acquired.
(c) Borrow money from private sources, the state, county, or
federal government, and issue its notes and encumber its assets as
security by means of deeds of trust. The obligation of the authority
is limited to the security on the deed of trust.