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Code · California · Government Code

§ 43774

50 words·~1 min read·/ca/government-code/43774

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The purchase price of any bonds sold and the accrued interest on them shall be placed in the general improvement fund and may be reinvested in bonds, or, if such reinvestment is not permitted, shall be used to pay principal and interest of the bonds issued pursuant to this article.
★   the supreme law of the land   ★
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