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Cal. Health and Safety Code § 51002

Cal. Health and Safety Code § 51002

California · California Health and Safety Code · Status: effective

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Cal. Health and Safety Code § 51002, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869742
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Subject to any agreements with holders of particular bonds, revenue derived pursuant to this part from property improvement loans and mortgage loans shall be deposited in a special account, which shall be used exclusively for the amortization of debt and the protection of the underlying security, until current debt service and reserves are funded.