Statute · California Government Code

Cal. Gov't Code § 57528 — Mergers and the Establishment of Subsidiary Districts

Cal. Gov't Code § 57528

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

Citator

Cal. Gov't Code § 57528 — Mergers and the Establishment of Subsidiary Districts is in force in the current edition of the Code, and nothing recorded condemns it.

Any moneys and funds of the merged district and any moneys or funds received by the city from the sale or other disposition of any property, real or personal, of the merged 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 and obligations of the merged district.