TITLE 5. LOCAL AGENCIES 50001-57607›DIVISION 1. CITIES AND COUNTIES 50001-52203›PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES 50001-51298.5›CHAPTER 3. Bonds 50630-50670.4›ARTICLE 4. Limited Obligation Bonds 50665.1-50670.4

§ 50668.3

California Government Code · 2020-11 edition · updated 2026-10-04 · California

A separate, distinct, and special fund shall be created at or before the issuance of the bonds, which shall be maintained continuously during the time that any of the bonds or the interest thereon are outstanding and unpaid.

(Added by Stats. 1985, Ch. 320, Sec. 2.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Government Code

California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.