All premiums and accrued interest received shall be paid into the fund to be used for the payment of principal of, and interest on, the bonds and the remainder of the proceeds of the sale shall be paid into the construction fund of the district. Proper records of the transactions shall be placed upon the books of the county treasurer.
Cal. Pub. Res. Code § 49173
Bonds
Known as the California Integrated Waste Management Act
The act spans §§ 40000–49654 (1,051 sections).
Added by Stats. 1989, Ch. 1095, Sec. 22.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.