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HomeGovernment CodeDiv. 7Ch. 5Art. 2§ 6568 Bond Indenture Additional Provisions

§ 6568 Bond Indenture Additional Provisions

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 6568 Bond Indenture Additional Provisions

Key Takeaways

  • •This law lets the people in charge add extra rules to a bond agreement if they think it's needed.
  • •The extra rules must follow the California and U.S. Constitutions.
  • •The rules can help sell the bonds or keep the people who buy them safe.

Example

A city wants to build a new park and needs money, so they sell bonds.

The city can add rules to the bond agreement, like promising to only use the money for the park and not for something else. This makes people feel safe to buy the bonds.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 6568 Bond Indenture Additional Provisions

The indenture may contain any other provision or covenant valid under the Constitutions of the State of California and the United States of America which the governing body of the entity deems necessary or desirable to facilitate the issuance and sale of the bonds or for the protection or security of holders thereof. (Added by Stats. 1955, Ch. 329.)

Last verified: January 22, 2026

Key Terms

covenantunited statesissuanceprotectionsecurity

Related Statutes

  • § 6555 Bond Issuance Terms Authority
  • § 6553 Bond Issuance Authorization Requirements
  • § 6557 Bond Revenue Collection Requirements
  • § 6561 Bond Issuance Revenue Restrictions
  • § 6562 Bondholder Agreement Modifications

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 6568.
View Official Source