Section 44552 Of Article 6. Construction And Leases Of Facilities From California Health And Safety Code >> Division 27. >> Chapter 1. >> Article 6.
44552
. The authority may enter into contracts of sale with any
participating party covering any project financed by the authority.
The purchase price pursuant to such contract of sale shall be
sufficient to provide funds for all the purposes provided in Section
44551 and may be paid in installments, together with interest on the
unpaid balance, or otherwise, as may be mutually agreed and set forth
in such contract of sale. All payments received by the authority
under any installment sales or conditional sales contract shall be
applied by the authority substantially in the same manner as
hereinabove provided in Section 44551 in the case of lease payments
or rental charges received by the authority.