§ 6350.9
62 words·~1 min read·
/ca/harbors-and-navigation-code/6350-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any additional revenues over and above the amounts required to be deposited in the interest fund and the sinking fund, may be deposited in an operation fund, herein designated as “operation fund,” to be applied to the costs of operation and maintenance, including reasonable repairs and depreciation, of the particular revenue-producing harbor improvement acquired by the issuance and sale of the bonds.