Section 34363 Of Article 5. Bonds From California Health And Safety Code >> Division 24. >> Part 2. >> Chapter 1. >> Article 5.
34363
. An authority may:
(a) Covenant as to the use of any or all of its real or personal
property.
(b) Covenant as to the maintenance of its real and personal
property, its replacement, the insurance to be carried on it, and the
use and disposition of insurance money.
(c) Covenant as to the rights, liabilities, powers, and duties
arising upon the breach by it of any covenant, condition, or
obligation.
(d) Covenant and prescribe as to events of default and terms and
conditions upon which any or all of its bonds or obligations become
or may be declared due before maturity, and as to the terms and
conditions upon which such declaration and its consequences may be
waived.