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Code · California · Water Code

§ 52556

43 words·~1 min read·/ca/water-code/52556

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The proceeds of the sale of refunding bonds shall be placed in the county treasury to the credit of the bond fund, and used only in payment of the principal of the outstanding bonds to be refunded by the refunding bonds so sold.
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