Section 30932 Of Article 2. Revenue Bonds From California Public Utilities Code >> Division 10. >> Part 3. >> Chapter 7. >> Article 2.
30932
. Revenue bonds issued under the provisions of this Article 2
shall be subject to the priorities set forth in Section 30638.
Revenue bonds shall have a priority as to the use of revenues
superior to that of any bonds for improvement districts issued under
Article 5 of this chapter. Revenue bonds having a priority as to the
use of revenues superior to that of any bonds issued under Article 1
of this chapter may be issued if the proposition for the issuance of
such revenue bonds with such priority shall have been submitted by
the board by the same vote required under Article 1 and approved by
the electors by the same vote required under Article 1.