Statute · California Harbors and Navigation Code

Cal. Harb. & Nav. Code § 6350.7 — Additional Stockton Port District Bonds

Cal. Harb. & Nav. Code § 6350.7

Type
Statute
Source
California Harbors and Navigation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The income and revenue derived or to be realized from the harbor improvement acquired or to be acquired from the proceeds of the bonds shall be deposited in a special fund and kept separate and apart from all other revenues of the district. It shall be applied, firstly, to the creation of an…

Citator

Cal. Harb. & Nav. Code § 6350.7 — Additional Stockton Port District Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The income and revenue derived or to be realized from the harbor improvement acquired or to be acquired from the proceeds of the bonds shall be deposited in a special fund and kept separate and apart from all other revenues of the district. It shall be applied, firstly, to the creation of an interest fund, herein designated as “interest fund,” for the payment of the annual interest due or to become due upon the bonds during the next ensuing fiscal year and before the time for the fixing of the next general tax levy in the county in which the district is located.