§ 14038
52 words·~1 min read·
/ca/water-code/14038A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution disbursement of these proceeds is not subject to the limitations imposed by that article.