Statute · California Public Resources Code

Cal. Pub. Res. Code § 49173 — Bonds

Cal. Pub. Res. Code § 49173

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

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

Citator

Cal. Pub. Res. Code § 49173 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

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