California Legal Codes and Statutes

§ 29214

Amended by Stats. 2024, Ch. 106, Sec. 7. (AB 2325) Effective January 1, 2025.

The proceeds of any sale of refunding bonds for cash shall be deposited with the chief financial officer or depositary, as determined by the district, to the credit of the Funding Fund, and applied only to refunding the indebtedness for which the bonds are issued.

Cite this section

Cal. Pub. Util. Code § 29214 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-2-san-francisco-bay-area-rapid-transit-district/chapter-8-bonds-and-other-evidences-of-indebtedness/article-4-refunding-bonds/section-29214

Other sections in Article 4 - Refunding Bonds

§ 29210§ 29211§ 29212§ 29213§ 29214§ 29215§ 29216§ 29217§ 29218§ 29219§ 29220§ 29221§ 29222§ 29223§ 29224§ 29225

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.