Section 25442 Of Chapter 18. Funding Bonds From California Streets And Highways Code >> Division 16. >> Part 1. >> Chapter 18.
25442
. The board of directors may use any available moneys of the
district, not already allocated to some other purpose, for the
payment of any interest or principal due or past due upon any funding
bonds of the district, and may advance moneys of the district for
that purpose. If an advancement is made the district shall be
entitled to reimbursement out of any levies thereafter made or any
moneys thereafter collected and applicable to the payment of the
funding bonds.