California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 20. MUNICIPAL WATER DISTRICTS |
Part 7. BONDS |
Chapter 6. Issuance and Sale of Bonds |
ARTICLE 2. Sale of Bonds and Use of Proceeds |
Section 71974.
Latest version.
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The proceeds from the sale of bonds of the district issued for an improvement district thereof may be expended for the purpose for which the indebtedness was created in any territory annexed to the improvement district after the authorization of the bonds.
(Added by Stats. 1963, Ch. 156.)