Any surplus existing in the general obligation bond redemption fund after payment of principal and interest shall be transferred to the general fund of the community.
Cal. Health & Safety Code § 33632
Community Appropriations and General Obligation Bonds
Known as the Community Redevelopment Law
The act spans §§ 33000–33855 (601 sections).
Added by Stats. 1963, Ch. 1812.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.