California Water Code ARTICLE 6 - Investment and Use of Surplus Money

• Section 11840.
  All money in the construction fund not required to meet preconstruction, acquisition, or construction costs and expenses, or interest thereon, of the project, or unit...
• Section 11841.
  The department may provide in the proceedings authorizing the issuance of bonds that the investment of surplus money shall be made only in particular bonds...
• Section 11842.
  If the proceedings authorizing the issuance of bonds do not require surplus revenues to be held or applied in any particular manner, they shall be...

Last modified: October 22, 2018