California · Military and Veterans Code - MVC
MVC §1002.9: A resolution of issuance shall provide the means by which payments of principal and interest of debentures shall be secured.
What this law says, in plain English
A resolution authorizing the issuance of debentures must specify how principal and interest payments will be secured.
Read the full statutory text
A resolution of issuance shall provide the means by which payments of principal and interest of debentures shall be secured.
Verify at the official source: California legislative text
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