ARTICLE 7. Payment of Principal and Interest

Article 7 added by Stats. 1943, Ch. 370.

§§ 11770–11772 · 3 sections

• § 11770 From the money deposited in the construction fund the State Treasurer shall transfer to the place or places of payment named in the bonds the sums required to…
• § 11771 After the periods mentioned in the next preceding section the Treasurer shall transfer from the revenue fund to the place or places named in the bonds the sums…
• § 11772 All funds transferred for the payment of principal or interest on bonds shall be segregated and applied solely for the payment of the principal and interest.