California Statutes
§ 8039. — 8039. (Added by Stats. 1943, Ch. 369.)
California·Code WAT Water Code - WAT·Div. 5. DIVISION 5. FLOOD CONTROL·Part 1. PART 1. LOCAL FLOOD CONTROL·Ch. 1. CHAPTER 1. Flood Control by Cities·Art. 4. ARTICLE 4. Bonds
The proceeds of the sale of the bonds shall be deposited in the city treasury to the credit of a designated fund and shall be applied exclusively to the purposes and objects for which the electors have voted to incur indebtedness or liability until the purposes and objects are accomplished, after which the surplus, if any, may be transferred to the general fund of the city.
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California § 8039. (8039. (Added by Stats. 1943, Ch. 369.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1943, Ch. 369.