§ 8745.2
51 words·~1 min read·
/ca/streets-and-highways-code/8745-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The principal and interest on the bond anticipation notes may be paid from any money available for their payment. Any portion of the principal or interest which is due and payable shall be paid from the proceeds of the next sale of bonds in anticipation of which the notes were issued.