There is a newer version
of
this Section
2019 California Code
Public Resources Code - PRC
DIVISION 11 - RESORT IMPROVEMENT DISTRICTS
CHAPTER 10 - Funds
Section 13172.
Universal Citation: CA Pub Res Code § 13172 (2019)
13172.
The money in any construction fund shall be used for the purpose indicated in the resolution calling the election upon the question of the issuance of bonds, or for the purpose described in the resolution of intention in the assessment proceedings, or for repayment of money borrowed for the purpose of financing the improvement for which bonds were subsequently issued or the assessment levied.
(Added by Stats. 1961, Ch. 2069.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
