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2019 California Code
Education Code - EDC
TITLE 1 - GENERAL EDUCATION CODE PROVISIONS
DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS
PART 11 - LIBRARIES
CHAPTER 9 - Library Districts and Museums in Unincorporated Towns and Villages
ARTICLE 5 - Bonds
Section 19731.
Universal Citation:
CA Educ Code § 19731 (2019)
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19731.
All money levied, when collected, shall be paid into the county treasury to the credit of the library district, and shall be used for the payment of principal and interest on the bonds, and for no other purpose. The principal and interest on the bonds shall be paid by the county treasurer, upon the warrant of the county auditor, out of the fund provided therefor. The county auditor shall cancel and file with the county treasurer the bonds and coupons as rapidly as they are paid.
(Enacted by Stats. 1976, Ch. 1010.)
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