Cal. Pub. Resources Code § 5309

Current through the 2023 Legislative Session.
Section 5309 - Use of sale proceeds

The money obtained from the sale of the bonds shall be kept in a separate fund, and shall be used exclusively for the acquisition, or maintenance, or improvement of the public parks or boulevards, or both, of the municipality issuing them, and for no other use or purpose.

Ca. Pub. Res. Code § 5309

Added by Stats. 1939, Ch. 94.