Section 15234 Of Article 8. Method Of Bond Payment From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 1. >> Article 8.
15234
. 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.