Statute · California Health and Safety Code

Cal. Health & Safety Code § 4792 — Bonds

Cal. Health & Safety Code § 4792

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

The board may issue and sell the bonds of the district at not less than par value, and the proceeds shall be placed in the treasury of the county.

Citator

Cal. Health & Safety Code § 4792 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The board may issue and sell the bonds of the district at not less than par value, and the proceeds shall be placed in the treasury of the county.

All premiums and accrued interest received shall be paid into the fund to be used for the payment of principal and interest on the bonds and the remainder of the proceeds of the sale shall be paid into the construction fund of the district, and proper records of the transactions shall be placed upon the books of the treasurer.