California Health and Safety Code 33642 – Any of such bonds may be additionally secured by a pledge of any …
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Any of such bonds may be additionally secured by a pledge of any revenues or by an encumbrance by mortgage, deed of trust, or otherwise of any redevelopment project or other property of the agency or by a pledge of the taxes referred to in subdivision (c) of Section 33641, or by any combination thereof.
(Added by Stats. 1963, Ch. 1812.)
Terms Used In California Health and Safety Code 33642
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.