The proceeds of the sale of revenue bonds or general obligation bonds or proceeds of special assessments levied by the board shall be deposited with the treasurer and shall be placed in a fund to be called the “Resort Improvement District Construction Fund No. ____” (inserting number).
Cal. Pub. Res. Code § 13171
Funds
Known as the Resort Improvement District Law
The act spans §§ 13000–13233 (105 sections).
Added by Stats. 1961, Ch. 2069.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.