{"data":{"id":"us-ca/shc-27249","jurisdiction":"us-ca","citation":"SHC § 27249","heading":"","body":"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.","path":["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.]"],"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":"f5d6de4bfd21f9169bbc9c8aa6c2bcb488fb5188648f346a5bdb9784f61af2b9","source_id":"us-ca","stale":false,"prev":"us-ca/shc-27248","next":"us-ca/shc-27250"},"notice":"GroundRules: Original legal text. Not legal advice."}