Cal. Gov. Code § 43729

Current through the 2023 Legislative Session.
Section 43729 - Fund for deposit of proceeds remaining after payment of indebtedness

Any proceeds of the refunding bonds remaining after the indebtedness has been paid shall be deposited in the fund established for the payment of principal and interest on the refunding bonds and used only for the purpose of paying such principal or interest as it matures.

Ca. Gov. Code § 43729

Added by Stats. 1949, Ch. 79.