Section 43729 Of Article 3. Refunding Indebtedness From California Government Code >> Division 4. >> Title 4. >> Chapter 4. >> Article 3.
43729
. Any proceeds of the refunding bonds remaining after the
indebtedness has been paid shall be deposited in the fund established
for the payment of principal and interest on the refunding bonds and
used only for the purpose of paying such principal or interest as it
matures.