Gov. Code, § 26484 · Article 7. Funds
Gov. Code, § 26484
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
All revenues received from the operation of the project acquired, constructed or completed by the board shall be paid into the county treasury to the credit of either an enterprise fund or a special revenue fund established for the particular project for which the bonds were authorized. The moneys shall be utilized for:
(a) Payment of the principal and interest on all bonds issued by the board for the particular project producing the revenue as and when the principal and interest become due.
(b) The creation of any reserve provided by the board in the proceedings for the issuance of the bonds.
(c) The payment of all costs and expenses incurred in connection with the project.
Notes and commentary — not statutory text
History
Amended by Stats. 1961, Ch. 396.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=26484.
- Text hash
- sha256 947ca7ca72ef0a8347c1b5e39cbe2796dfb212f49ebd735410d9ebd3699e16d0
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.