Cal. Gov. Code § 26394

Current through the 2023 Legislative Session.
Section 26394 - Disbursement of surplus remaining in bond or enterprise fund

If any surplus shall exist in a bond fund or enterprise fund, after the payment in full of all costs of acquisition, construction and completion of the project for which the revenue bonds were issued, the same may be disbursed for any of the purposes provided for in this chapter or in any agreement which may be made by the board in any indenture for the issuance of the revenue bonds.

Ca. Gov. Code § 26394

Amended by Stats. 1961, Ch. 396.