Sts. & Hy. Code, § 27249 · Chapter 13. Issuance of District Bonds and Disposition of Surplus Proceeds

Sts. & Hy. Code, § 27249

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

If the surplus from the proceeds of the bonds exceeds one year’s interest on the bonds, the balance shall be placed in the fund for the payment of the principal of such bonds.

Notes and commentary — not statutory text

History

Added by Stats. 1943, Ch. 286.

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=SHC&sectionNum=27249.
Text hash: sha256 f5d6de4bfd21f9169bbc9c8aa6c2bcb488fb5188648f346a5bdb9784f61af2b9
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.