Cal. Gov. Code § 50794

Current through the 2023 Legislative Session.
Section 50794 - Disbursement of surplus in construction fund

If any surplus shall exist in the construction fund after the payment in full of all costs of acquisition, construction and completion of the project for which the revenue bonds were issued, the same may be paid out and disbursed for any of the purposes provided for in this chapter or in any agreement which may be made by the board in any indenture for the issuance of the revenue bonds.

Ca. Gov. Code § 50794

Added by Stats. 1957, Ch. 2066.