§ 9262
43 words·~1 min read·
/ca/streets-and-highways-code/9262A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
From the redemption fund the treasurer shall disburse and pay the refunding bonds and the interest due thereon upon presention of the proper bonds and coupons. Under no circumstances shall the bonds or the interest thereon be paid out of any other fund.