ARTICLE 2. Proceeds of Assessments

Article 2 added by Stats. 1951, Ch. 391.

§§ 44775–44778 · 4 sections

• § 44775 The county treasurer shall deposit in the county treasury to the credit of the bond fund of the district all money collected upon any assessment upon which…
• § 44776 Money collected upon any assessment upon which bonds have been issued shall be used exclusively for the payment of principal and interest of the bonds issued…
• § 44777 The county treasurer shall transmit to the treasurer of the district all canceled bonds and coupons received in payment on any delinquent sale and a memorandum…
• § 44778 Any balance remaining in the bond fund after payment in full of the principal and interest of all outstanding bonds of the district shall be transferred by the…