All funds transferred for the payment of principal or interest on bonds shall be segregated and applied solely for the payment of the principal and interest.
(Added by Stats. 1943, Ch. 370.)
Water Code § 11772, under Payment of Principal and Interest.
Water Code § 11772
All funds transferred for the payment of principal or interest on bonds shall be segregated and applied solely for the payment of the principal and interest.
(Added by Stats. 1943, Ch. 370.)