Cal. Pub. Util. Code § 29215

Current through the 2023 Legislative Session.

Section 29215 - Deposit and use of sale proceeds remaining after payment of indebtedness

Any proceeds of the refunding bonds remaining after the indebtedness has been paid shall be deposited in the fund established for the payment of principal and interest on the refunding bonds and used only for the purpose of paying such principal or interest as it matures.

Ca. Pub. Util. Code § 29215

Added by Stats. 1957, Ch. 1056.