California · Streets and Highways Code - SHC

SHC §27202: All running expenses of the district prior to the time the works of the district are earning revenue, being a part of the cost of constructing or acquiring or both the works, may be paid from the proc

What this law says, in plain English

Districts may pay operating expenses incurred before revenue-generating projects begin using construction or acquisition funds.

Read the full statutory text

All running expenses of the district prior to the time the works of the district are earning revenue, being a part of the cost of constructing or acquiring or both the works, may be paid from the proceeds of any bonds issued by the district.

Verify at the official source: California legislative text

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