California Statutes

§ 57528. — 57528. (Added by Stats. 1985, Ch. 541, Sec. 3.)

California·Code GOV Government Code - GOV·Div. 3.·Title 5. DIVISION 3. CORTESE-KNOX-HERTZBERG LOCAL GOVERNMENT REORGANIZATION ACT OF 2000·Part 5. PART 5. TERMS AND CONDITIONS AND EFFECT OF A CHANGE OF ORGANIZATION OR REORGANIZATION·Ch. 9. CHAPTER 9. Mergers and the Establishment of Subsidiary Districts
Any moneys and funds of the merged district and any moneys or funds received by the city from the sale or other disposition of any property, real or personal, of the merged district shall be used, to the extent necessary, for the payment of principal, interest, and any other amounts then or thereafter due on account of any outstanding bonds, including revenue bonds, and other contracts and obligations of the merged district.

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California § 57528. (57528. (Added by Stats. 1985, Ch. 541, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1985, Ch. 541, Sec. 3. Effective September 9, 1985. Operative January 1, 1986, by Sec. 5 of Ch. 541.
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