Statute · California Government Code

Cal. Gov't Code § 57455 — Effect of Dissolution

Cal. Gov't Code § 57455

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1985-09-09
Current through
Nov 2, 2026 (California Legislative Counsel)

Any moneys and funds of the dissolved district and any moneys or funds received by the successor from the sale or other disposition of any property, real or personal, of the dissolved district shall be used to the extent necessary, for the payment of principal, interest and any other amounts…

Citator

Cal. Gov't Code § 57455 — Effect of Dissolution is in force in the current edition of the Code, and nothing recorded condemns it.

Any moneys and funds of the dissolved district and any moneys or funds received by the successor from the sale or other disposition of any property, real or personal, of the dissolved district shall be used to the extent necessary, for the payment of principal, interest and any other amounts then or thereafter due on account of any outstanding bonds, including revenue bonds, and other contracts or obligations of the dissolved district.