Statute · California Water Code

Cal. Water Code § 74871 — Sale of Bonds and Use of Proceeds

Cal. Water Code § 74871

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

The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special fund, and expended only for the purpose for which the indebtedness was created.

Citator

Cal. Water Code § 74871 — Sale of Bonds and Use of Proceeds is in force in the current edition of the Code, and nothing recorded condemns it.

The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special fund, and expended only for the purpose for which the indebtedness was created.