California Government Code
§ 29961
GOV § 29961Div. 3 · Title 3 · Ch. 6 · Art. 3
Statute text
View on leginfo.ca.govThe board may sell any of the bonds purchased by it at a price not less than that paid. The purchase price of any bonds so sold and the accrued interest thereon shall be placed in the general improvement fund and may be reinvested in bonds, except where such reinvestment is not permitted.
Legislative history
Added by Stats. 1947, Ch. 424.