GroundRules
GOV § 50796
Where this section sits in the code
- Government Code - GOV
- TITLE 5. LOCAL AGENCIES [50001. - 57607.]
- DIVISION 1. CITIES AND COUNTIES [50001. - 52203.]
- PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES [50001. - 51299.4.]
- CHAPTER 3.5. Revenue Bonds for Public Improvements [50701. - 50798.4.]
- ARTICLE 7. Funds [50793. - 50797.]
Moneys in the construction fund not required to meet acquisition or construction costs or expenses payable from the construction fund or interest on the bonds, may be invested in bonds and other obligations eligible for investment of surplus county moneys; subject to such limitations as may be provided in the proceedings authorizing the issuance of the bonds. Any income or interest thereon shall be added to and become a part of the construction fund.
Collected 2026-09-14T05:56:33Z. Source file · JSON