California § 7225. 7225. (Added by Stats. 1959, Ch. 1598.)

California Statutes

§ 7225. — 7225. (Added by Stats. 1959, Ch. 1598.)

California § 7225.

JurisdictionCalifornia

Code HNCHarbors and Navigation Code - HNC

Div. 8.DIVISION 8. HARBOR AND PORT DISTRICTS

Part 7.PART 7. SMALL CRAFT HARBOR DISTRICTS

Ch. 6.CHAPTER 6. Financial Provisions

Art. 4.ARTICLE 4. General Obligation Bonds

This text of California § 7225. (7225. (Added by Stats. 1959, Ch. 1598.)) 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 § 7225. (2026).

Text

The proceeds from the sale of the bonds shall be paid into the treasury of the district and placed to the credit of a special improvement fund and expended only for the purpose for which the indebtedness was created; however, when the purpose has been accomplished, any moneys remaining in the special improvement fund may be transferred to the fund to be used for the payment of the principal of and interest on the bonds.

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The proceeds from the sale of the bonds shall be paid into the treasury of the district and placed to the credit of a special improvement fund and expended only for the purpose for which the indebtedness was created; however, when the purpose has been accomplished, any moneys remaining in the special improvement fund may be transferred to the fund to be used for the payment of the principal of and interest on the bonds.

Legislative History

Added by Stats. 1959, Ch. 1598.

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California § 7225., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HNC/7225..