Section 35508 Of Article 3. Bonds For Assessments From California Streets And Highways Code >> Division 18. >> Part 4. >> Chapter 3.5. >> Article 3.

. The treasurer shall deliver the bonds to the purchaser upon receiving the purchase price bid. The purchase price shall be deposited in the fund for the redemption of the bonds issued pursuant to Chapter 3 (commencing with Section 35400) of this part.