ARTICLE 6. Sale of Bonds and Use of Proceeds [74870. - 74872.]

Article 6 added by Stats. 1965, Ch. 75.

§§ 74870–74872 · 3 sections

• § 74870 The bonds as issued may be sold at such times and in such amounts as the board deems expedient, after a notice inviting bids therefor has been published in the…
• § 74871 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…
• § 74872 If the board determines by resolution that (1) the expenditure of money raised by the sale of bonds for the purpose for which the bonds were voted is…