California Military and Veterans Code

§ 488.1

MVC § 488.1Div. 2 · Part 1 · Ch. 10 · Art. 6

Statute text

The interest on bond anticipation notes shall be payable from the same funds from which the interest on revenue bonds is payable. The principal of such notes shall be payable from the proceeds of sale of revenue bonds, provided that the department shall not be precluded from paying such principal from any other moneys lawfully available therefor.

Legislative history

Added by Stats. 1978, Ch. 1274.