California Statutes
§ 19202. — 19202. (Added by Stats. 1963, Ch. 854.)
California·Code SHC Streets and Highways Code - SHC·Div. 14. DIVISION 14. STREET LIGHTING·Part 4. PART 4. THE HIGHWAY LIGHTING DISTRICT ACT·Ch. 11. CHAPTER 11. Disposition of Funds
The governing body of any highway lighting district may provide for the establishment of an accumulative capital outlay fund for the replacement of obsolete lighting system equipment. The fund shall be kept in reserve until appropriated in whole or in part to a specific project.
At any time after the creation of the fund the governing body may transfer to it any unencumbered surplus funds remaining on hand at the end of the fiscal year after the payment of the expenses of the district.
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California § 19202. (19202. (Added by Stats. 1963, Ch. 854.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1963, Ch. 854.