§ 6344 Port District Bond Proceeds

Harbors and Navigation Code·California

AI SummaryVerified

This law says money raised from bonds must go into a special account in the district’s treasury and can only be spent on the projects listed in the ordinance.

Key Takeaways

•Bond money must be kept in a separate account.
•The account is part of the district’s treasury.
•The money can only be used for the specific projects the ordinance mentions.

Example

A port district issues bonds to build a new dock.

The bond money is put into a special "Port District Revenue Construction Fund" and can only be used to pay for the dock construction, not for anything else.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 6344 Port District Bond Proceeds

The proceeds of said bonds shall be placed in an account in the treasury of the district to be entitled ____ Port District Revenue Construction Fund No. ____ and used exclusively for the objects and purposes mentioned in the ordinance. (Repealed and added by Stats. 1958, 1st Ex. Sess., Ch. 70.)

Last verified: January 11, 2026

Key Terms

Port District Revenue Construction Fund No. ____ordinance

References

Official text at leginfo.legislature.ca.gov
California Legislature. Harbors and Navigation Code. Section 6344.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References