California Health and Safety Code 33632 – Any surplus existing in the general obligation bond redemption fund …
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Any surplus existing in the general obligation bond redemption fund after payment of principal and interest shall be transferred to the general fund of the community.
(Added by Stats. 1963, Ch. 1812.)
Terms Used In California Health and Safety Code 33632
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.