§ 6561 Bond Issuance Revenue Restrictions

• •This law is about rules for borrowing money for a big project.
• •It can stop or limit adding more loans or debts that are paid back using the project's money.
• •The rules are written in a special agreement called an 'indenture'.

A city wants to build a new park and borrows money to do it.

The city can't just keep borrowing more money for the park if the agreement says no. They have to follow the rules in the agreement about how much they can borrow and how they pay it back.