Section 50668.8.
50668.8. The local agency may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which the local agency may legally invest funds subject to its control. No such investment shall be made in contravention of any covenant or agreement in any resolution […]
Section 50667.3.
50667.3. The legislative body may provide limitations on: (a) The purpose to which the proceeds of sale of any issue of bonds may be applied. (b) The issuance of additional bonds for the same purpose and on the lien of additional bonds. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50668.9.
50668.9. The local agency shall keep proper books of record and accounts of the revenues, separate from all other records and accounts, in which complete and correct entries shall be made of all transactions relating to the revenues. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.4.
50667.4. The legislative body may provide for events of default and terms upon which the bonds may be declared due before maturity and the terms upon which the declaration and its consequences may be waived. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50669.
50669. At all times, the books shall be subject to the inspection of the holders of not less than 10 percent of the outstanding bonds or their representatives authorized in writing. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.5.
50667.5. The legislative body may provide for the rights, liabilities, powers, and duties arising upon the local agency’s breach of any covenants, conditions, or obligations. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.6.
50667.6. The legislative body may provide for the vesting in a trustee of the right to enforce covenants to secure payment of, or in relation to, the bonds and the trustee’s powers and duties, and the limitation of his or her liabilities. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.7.
50667.7. The legislative body may provide for the terms upon which the bondholders or any percentage of the bondholders may enforce covenants or duties imposed by this article. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.8.
50667.8. The legislative body may provide in the resolution authorizing issuance of the bonds for a procedure for amending or abrogating the terms of the resolution with the consent of the holders of a specified number of the bonds. (Added by Stats. 1985, Ch. 320, Sec. 2.)
Section 50667.9.
50667.9. Any resolution containing a procedure specified in Section 50667.8 may also provide for meetings of bondholders or for their written assent without a meeting and the manner of consenting, with or without a meeting. (Added by Stats. 1985, Ch. 320, Sec. 2.)