California § 43771. 43771. (Added by Stats. 1949, Ch. 79.)

California Statutes

§ 43771. — 43771. (Added by Stats. 1949, Ch. 79.)

California § 43771.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.4.

Title 4.DIVISION 4. FINANCIAL PROVISIONS

Ch. 4.CHAPTER 4. Bonds

Art. 4.ARTICLE 4. Investment Bond Act of 1909

This text of California § 43771. (43771. (Added by Stats. 1949, Ch. 79.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 43771. (2026).

Text

The legislative body of any city shall keep the funds arising from the sale of bonds pursuant to this article separate and distinct from all other municipal funds in a fund to be called “general improvement fund,” and shall invest and reinvest the money in bonds issued by the city, or bonds issued for street, sewer, drainage, or any other improvements within the city. It shall collect the principal of and interest on such bonds and credit it to the fund.

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The legislative body of any city shall keep the funds arising from the sale of bonds pursuant to this article separate and distinct from all other municipal funds in a fund to be called “general improvement fund,” and shall invest and reinvest the money in bonds issued by the city, or bonds issued for street, sewer, drainage, or any other improvements within the city. It shall collect the principal of and interest on such bonds and credit it to the fund.

Legislative History

Added by Stats. 1949, Ch. 79.

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California § 43771., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/43771..