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Code · California · Health and Safety Code

§ 51002

54 words·~1 min read·/ca/health-and-safety-code/51002

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Subject to any agreements with holders of particular bonds, revenue derived pursuant to this part from property improvement loans and mortgage loans shall be deposited in a special account, which shall be used exclusively for the amortization of debt and the protection of the underlying security, until current debt service and reserves are funded.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

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