California § 6939.11. 6939.11. (Added by Stats. 1961, Ch. 1457.)

California Statutes

§ 6939.11. — 6939.11. (Added by Stats. 1961, Ch. 1457.)

California § 6939.11.

JurisdictionCalifornia

Code HNCHarbors and Navigation Code - HNC

Div. 8.DIVISION 8. HARBOR AND PORT DISTRICTS

Part 6.General Provisions

Ch. 4.CHAPTER 4. Bonds

Art. 4.ARTICLE 4. Additional Sacramento-Yolo Port District Bonds

This text of California § 6939.11. (6939.11. (Added by Stats. 1961, Ch. 1457.)) 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. Harbors and Navigation Code - HNC Code § 6939.11. (2026).

Text

The income and revenue derived or to be realized from the harbor improvement acquired, constructed, improved or extended from the proceeds of the bonds shall be deposited in a special fund and kept separate and apart from all other revenues of the district. It shall be applied, firstly, to the creation of an interest fund, herein designated as “interest fund,” for the payment of the annual interest due or to become due upon the bonds during the next ensuing fiscal year and before the time for the fixing of the next general tax levy in the counties in which the district is located.

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The income and revenue derived or to be realized from the harbor improvement acquired, constructed, improved or extended from the proceeds of the bonds shall be deposited in a special fund and kept separate and apart from all other revenues of the district. It shall be applied, firstly, to the creation of an interest fund, herein designated as “interest fund,” for the payment of the annual interest due or to become due upon the bonds during the next ensuing fiscal year and before the time for the fixing of the next general tax levy in the counties in which the district is located.