Section 59594 Of Article 16. Acquisition And Cancellation Of Bonds Of Nonconsenting Bondholders From California Government Code >> Division 1. >> Title 6. >> Chapter 5. >> Article 16.

. Any cash collected on reassessments and not required to pay consenting bondholders may also be used to reimburse in whole or in part any local agency, person, or corporation making the advance, and the legislative body may contract to so apply such cash.