Code Section

Water Code - WAT

DIVISION 21. WATER CONSERVATION DISTRICTS [74000 - 76501]

  ( Division 21 added by Stats. 1965, Ch. 75. )
  

PART 6. FINANCIAL PROVISIONS [74750 - 74977]

  ( Part 6 added by Stats. 1965, Ch. 75. )
  

CHAPTER 3. Bonds [74790 - 74872]

  ( Chapter 3 added by Stats. 1965, Ch. 75. )
  

ARTICLE 6. Sale of Bonds and Use of Proceeds [74870 - 74872]
  ( Article 6 added by Stats. 1965, Ch. 75. )

  
74871.  

The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special fund, and expended only for the purpose for which the indebtedness was created.

(Added by Stats. 1965, Ch. 75.)