§ 35424
53 words·~1 min read·
/ca/streets-and-highways-code/35424A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.