Section 34360 Of Article 5. Bonds From California Health And Safety Code >> Division 24. >> Part 2. >> Chapter 1. >> Article 5.
34360
. An authority may:
(a) Covenant against pledging all or part of its rents, fees, and
revenues, against mortgaging all or part of its real or personal
property, to which its right or title then exists or may thereafter
come into existence, or against permitting or suffering any lien on
such revenues or property.
(b) Covenant with respect to limitations on its right to sell,
lease, or otherwise dispose of all or part of any housing project.
(c) Covenant as to what other or additional debts or obligations
may be incurred by it.
(d) Covenant as to the bonds to be issued, as to their issuance in
escrow or otherwise, and as to the use and disposition of the bond
proceeds.
(e) Provide for the replacement of lost, destroyed, or mutilated
bonds.
(f) Covenant against extending the time for the payment of its
bonds or interest on them.
(g) Redeem the bonds, covenant for their redemption, and provide
the redemption terms and conditions.