Section 55115 Of Part 2. Bonds From California Health And Safety Code >> Division 32. >> Part 2.
55115
. The state does hereby pledge to and agree with the holders
of any bonds issued under this part that the state will not limit or
alter the rights hereby vested in the local agency to fulfill the
terms of any agreements made with the holders thereof or in any way
impair the rights and remedies of the holders until the bonds,
together with the interest thereon, with interest on any unpaid
installments of interest, and all costs and expenses in connection
with any action or proceeding by or on behalf of the holders, are
fully met and discharged. The local agency is authorized to include
this pledge and agreement of the state in any agreement with the
holders of the bonds.