DIVISION 5. SANITATION 4600-6127›PART 3. COMMUNITY FACILITIES 4600-6127›CHAPTER 1. Community Facilities Law of 1911 4600-4650›ARTICLE 3. Issuance of Bonds 4615-4625

§ 4623

California Health and Safety Code · 2020-11 edition · updated 2026-10-04 · California

The governing body may issue and sell the bonds at not less than their par value. The proceeds of the sale shall be placed in the city treasury to the credit of the proper improvement district fund and shall be applied exclusively to the purposes and objects specified in the resolution calling the election.

(Amended by Stats. 1965, Ch. 828.)

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