Cal. Government Code § 57528

California · California Government Code · Status: effective · Effective 1985-09-09

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Citation: Cal. Government Code § 57528, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/850128
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Any moneys and funds of the merged district and any moneys or funds received by the city from the sale or other disposition of any property, real or personal, of the merged district shall be used, to the extent necessary, for the payment of principal, interest, and any other amounts then or thereafter due on account of any outstanding bonds, including revenue bonds, and other contracts and obligations of the merged district.