Statute · California Government Code
Cal. Gov't Code § 43729 — Refunding Indebtedness
Cal. Gov't Code § 43729
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Gov't Code § 43729 — Refunding Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.
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.