Section 37624 Of Chapter 2. Powers And Procedures From California Health And Safety Code >> Division 24. >> Part 10. >> Chapter 2.
37624
. Revenues shall be the sole source of funds pledged by the
local agency for repayment of its bonds. Bonds issued under the
provisions of this part shall not be deemed to constitute a debt or
liability of the local agency or a pledge of the faith and credit of
the local agency but shall be payable solely from revenues. The
issuance of bonds shall not directly, indirectly, or contingently
obligate the legislative body to levy or pledge any form of taxation
or to make any appropriation for their payment.