California Statutes
§ 5363. — 5363. (Added by Stats. 1955, Ch. 1796.)
California·Code PRC Public Resources Code - PRC·Div. 5. DIVISION 5. PARKS AND MONUMENTS·Ch. 2. CHAPTER 2. Counties and Cities·Art. 6. ARTICLE 6. Municipal Park Improvement District Bonds
The legislative body may issue and sell the bonds at not less than par value, and the proceeds of the sale of the bonds shall be placed in the treasury of the municipality to the credit of the proper district funds and shall be applied exclusively to the purposes and objects mentioned in the ordinance or resolution ordering the holding of the bond election and to the incidental expense in connection therewith.
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California § 5363. (5363. (Added by Stats. 1955, Ch. 1796.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1955, Ch. 1796.