{"data":{"id":"us-ca/hsc-5029","jurisdiction":"us-ca","citation":"HSC § 5029","heading":"","body":"In the ordinance for the issuance of bonds the governing body shall provide that the revenues derived from the operation of the works shall be used only for:\n(a) The payment or providing for payment, including payments into any reserve or sinking funds, as the same falls due, of the principal of and the interest on the bonds;\n(b) The management, maintenance, operation and repair costs of the works.\nAfter provision has been made for the payment of the foregoing, any surplus remaining may be used as follows: (a) for the purchase in the open market of the outstanding unmatured bonds of the district; (b) for extensions, or for the enlargement, replacement or betterment of the works; (c) for any lawful purpose of the district.","path":["Health and Safety Code - HSC","DIVISION 5. SANITATION [4600. - 6127.]","PART 3. COMMUNITY FACILITIES [4600. - 6127.]","CHAPTER 5. Sewer Revenue Bonds [4950. - 5072.]","ARTICLE 6. Finances [5025. - 5034.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"4458f9a76d3ad281842c370212695dcc38aa137ef0cb3532f7ebc793f5935199","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-5028","next":"us-ca/hsc-5030"},"notice":"GroundRules: Original legal text. Not legal advice."}
