§ 24481
49 words·~1 min read·
/ca/water-code/24481A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Federal and State bonds so purchased with the sinking fund money together with the income from them shall be held as part of the sinking fund until the board determines that it is for the best interests of the district that the bonds or any of them be sold.