Cal. EDC § 15234
This is the official text of Cal. EDC § 15234, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
Any money remaining in the interest and sinking fund of any district after the payment of all bonds and coupons payable from the fund, or any money in excess of an amount sufficient to pay all unpaid bonds and coupons payable from the fund, shall be transferred to the general fund of the district upon the order of the auditor.
Status: in_force · Read it on the official government site
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