Section 26395 Of Article 7. Funds From California Government Code >> Division 2. >> Title 3. >> Part 2. >> Chapter 14. >> Article 7.
26395
. The board may provide for the payment of the interest
becoming due and payment on the principal of revenue bonds prior to
and during the period of actual construction of the project for which
the bonds are issued and for the period specified in the indenture
for the issuance of the bonds, which period shall not exceed two
years after the completion of construction and for the payment of all
costs and expenses of administration during a period of one year
after the completion of construction of the project out of the bond
fund or enterprise fund as the need therefor may arise and moneys in
the bond fund or enterprise fund are hereby made available for such
purposes.