California Statutes
§ 13172. — 13172. (Added by Stats. 1961, Ch. 2069.)
California·Code PRC Public Resources Code - PRC·Div. 11. DIVISION 11. RESORT IMPROVEMENT DISTRICTS·Ch. 10. CHAPTER 10. Funds
The money in any construction fund shall be used for the purpose indicated in the resolution calling the election upon the question of the issuance of bonds, or for the purpose described in the resolution of intention in the assessment proceedings, or for repayment of money borrowed for the purpose of financing the improvement for which bonds were subsequently issued or the assessment levied.
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California § 13172. (13172. (Added by Stats. 1961, Ch. 2069.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1961, Ch. 2069.