§ 29214
45 words·~1 min read·
/ca/public-utilities-code/29214A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The proceeds of any sale of refunding bonds for cash shall be deposited with the chief financial officer or depositary, as determined by the district, to the credit of the Funding Fund, and applied only to refunding the indebtedness for which the bonds are issued.