§ 43.99D.020. Proceeds to be deposited in state and local improvements revolving account -- Water supply facilities
The proceeds from the sale of bonds authorized by this chapter, and any interest earned on the interim investment of the proceeds, shall be deposited in the state and local improvements revolving account -- water supply facilities in the general fund and shall be used exclusively for the purpose specified in this chapter and for payment of the expenses incurred in the issuance and sale of the bonds.
[1979 ex.s. c 258 § 3.]
Sections: Previous 43.99D.005 43.99D.010 43.99D.015 43.99D.020 43.99D.025 43.99D.030 43.99D.035 43.99D.040 43.99D.045 43.99D.050 43.99D.055 43.99D.900 NextLast modified: April 7, 2009