BlackletterCalifornia law

Public Resources Code § 13172

CHAPTER 10. Funds

Current as of September 28, 2026Pub. Resources Code, § 13172Official source ↗

Added by Stats. 1961, Ch. 2069.

The money in any construction fund shall be used for the purpose indicated in the resolution calling the election upon the question of the issuance of bonds, or for the purpose described in the resolution of intention in the assessment proceedings, or for repayment of money borrowed for the purpose of financing the improvement for which bonds were subsequently issued or the assessment levied.