{"code":"SHC","codeName":"Streets and Highways Code","section":"35423","citation":"Sts. & Hy. Code, § 35423","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 18. PARKING [31500. - 36745.]","url":"https://blackletter.si/streets-and-highways-code/division-18"},{"name":"PART 4. PARKING DISTRICT LAW OF 1951 [35100. - 35708.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4"},{"name":"CHAPTER 3. Bonds, Acquisitions and Improvements [35402. - 35432.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4/chapter-3"}],"history":"Amended by Stats. 1955, Ch. 1283.","effective":null,"html":"<p>The proceeds of the sale of the bonds shall be placed in the city treasury to the credit of the proper district fund and applied exclusively to the objects and purposes for which the same were issued.</p>","text":"The proceeds of the sale of the bonds shall be placed in the city treasury to the credit of the proper district fund and applied exclusively to the objects and purposes for which the same were issued.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/bonds-acquisitions-and-improvements-35423","source":"California Legislative Information bulk export (pubinfo)"}