Any money in the construction fund determined by resolution of the board to be in excess of the amounts required for completion of the improvement authorized may, by the resolution so determining, be transferred to any other fund of the district and be used for any lawful purpose.
Cal. Pub. Res. Code § 13174
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.