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Legal Resources | Government Code |  GC  6552  

Power to Issue Revenue Bonds   

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All bonds issued by the entity shall contain a recital on their face that neither the payment of the principal or any part thereof nor any interest thereon constitutes a debt, liability or obligation of any of the public agencies who are parties to the agreement creating such entity.

(Added by Stats. 1955, Ch. 329, Sec. 2.)