GroundRules
SHC § 27249
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 16. HIGHWAY DISTRICTS [25000. - 27567.]
- PART 3. BRIDGE AND HIGHWAY DISTRICTS [27000. - 27567.]
- CHAPTER 13. Issuance of District Bonds and Disposition of Surplus Proceeds [27240. - 27250.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON