{"code":"WAT","codeName":"Water Code","section":"74871","citation":"Wat. Code, § 74871","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 21. WATER CONSERVATION DISTRICTS [74000. - 76501.]","url":"https://blackletter.si/water-code/division-21"},{"name":"PART 6. FINANCIAL PROVISIONS [74750. - 74977.]","url":"https://blackletter.si/water-code/division-21/part-6"},{"name":"CHAPTER 3. Bonds [74790. - 74872.]","url":"https://blackletter.si/water-code/division-21/part-6/chapter-3"},{"name":"ARTICLE 6. Sale of Bonds and Use of Proceeds [74870. - 74872.]","url":"https://blackletter.si/water-code/division-21/part-6/chapter-3/article-6"}],"history":"Added by Stats. 1965, Ch. 75.","effective":null,"html":"<p>The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special fund, and expended only for the purpose for which the indebtedness was created.</p>","text":"The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special fund, and expended only for the purpose for which the indebtedness was created.","otherVersions":[],"url":"https://blackletter.si/water-code/sale-of-bonds-and-use-of-proceeds-74871","source":"California Legislative Information bulk export (pubinfo)"}