3.24.090 - Revenue bonds—Compliance with state and federal laws.
Part of the Code of Ordinances of Commerce, CA.
The text
Any and all revenue bonds issued pursuant to this chapter shall be issued in compliance with state laws not in conflict herewith and federal laws and regulations relating to the issuance of securities and the federal laws and regulations relating to the exemption from federal income taxation.
(Ord. 301 §8, 1981).