California Code, Health and Safety Code - HSC § 51002
Current as of January 01, 2023 | Updated by FindLaw Staff
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Subject to any agreements with holders of particular bonds, revenue derived pursuant to this part from property improvement loans and mortgage loans shall be deposited in a special account, which shall be used exclusively for the amortization of debt and the protection of the underlying security, until current debt service and reserves are funded.
Cite this article: FindLaw.com - California Code, Health and Safety Code - HSC § 51002 - last updated January 01, 2023 | https://codes.findlaw.com/ca/health-and-safety-code/hsc-sect-51002.html
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