ARTICLE 7. Funds

Article 7 added by Stats. 1957, Ch. 2066.

§§ 50793–50797 · 5 sections

• § 50793 The proceeds from the sale of all bonds authorized under the provisions of this chapter shall be paid into the treasury of the local agency to the credit of…
• § 50794 If any surplus shall exist in the construction fund after the payment in full of all costs of acquisition, construction and completion of the project for which…
• § 50795 The board may provide for the payment of the interest becoming due and payment on the principal of revenue bonds prior to and during the period of actual…
• § 50796 Moneys in the construction fund not required to meet acquisition or construction costs or expenses payable from the construction fund or interest on the bonds,…
• § 50797 All revenues received from the operation of the project acquired, constructed or completed by the board shall be paid into the treasury of the local agency to…