§ 29961
53 words·~1 min read·
/ca/government-code/29961A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may sell any of the bonds purchased by it at a price not less than that paid. The purchase price of any bonds so sold and the accrued interest thereon shall be placed in the general improvement fund and may be reinvested in bonds, except where such reinvestment is not permitted.