Statute · California Public Resources Code

Cal. Pub. Res. Code § 13176 — Funds

Cal. Pub. Res. Code § 13176

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

No part of the money belonging in the bond fund may be transferred to any other fund or be used for any purpose other than the payment of principal and interest of the bonds of the district, or for repayment of money borrowed for the purpose of paying the principal and interest of the bonds of…

Citator

Cal. Pub. Res. Code § 13176 — Funds is in force in the current edition of the Code, and nothing recorded condemns it.

No part of the money belonging in the bond fund may be transferred to any other fund or be used for any purpose other than the payment of principal and interest of the bonds of the district, or for repayment of money borrowed for the purpose of paying the principal and interest of the bonds of the district, until said bonds are fully paid, at which time it may be transferred to any other fund.