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Cal. Government Code § 59596

Cal. Government Code § 59596

California · California Government Code · Status: effective

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Cal. Government Code § 59596, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/850387
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When money is placed in any fund for the retirement or payment of the original bonds of nonconsenting holders it shall be used only for that purpose. After all the original bonds of nonconsenting holders have been paid or retired, any sum remaining in the fund shall be returned to the local agency which advanced it.