Cal. Sts. & Hy. Code § 35424

Current through the 2023 Legislative Session.
Section 35424 - Use of proceeds

The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.

Ca. Sts. and High. Code § 35424

Added by Stats. 1953, Ch. 192.