Section 9074 Of Article 3. Nonconsenting Bondholders From California Streets And Highways Code >> Division 11. >> Chapter 2. >> Article 3.
9074
. Whenever any money is placed in any fund for the retirement
or payment of the bonds of nonconsenting holders such money shall be
used only for that purpose. After all of the bonds of the
nonconsenting holders have been paid or retired any sum remaining in
the fund shall be returned to the city or person which advanced the
money.