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HomeMilitary and Veterans CodeDiv. 6Ch. 1Art. 3§ 1215 Memorial District Bond Issuance

§ 1215 Memorial District Bond Issuance

Military and Veterans Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1215 Memorial District Bond Issuance

This law lets the local board sell bonds that voters approved, puts the money into a special fund, and uses it for the projects decided in the election.

Key Takeaways

  • •Voters must approve the bond amount before it can be sold.
  • •The board must issue the bonds and place the proceeds into a special fund.
  • •The fund can only be used for the specific projects approved in the election.

Example

A town wants to build a new memorial park. Residents vote to approve a bond to pay for it.

The board issues the bonds, deposits the cash into a special memorial district bond fund, and then spends that money on the park using county auditor warrants, exactly as the law requires.

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

Official Source
View on CA.gov

§ 1215 Memorial District Bond Issuance

Thereupon, the board of supervisors, by an order entered in its minutes, shall provide for the issuance and sale of bonds of the district in the amount approved by the electors of the district at the election and shall provide for the payment of the proceeds of the sale of the bonds into the county treasury to the credit of a special fund known as the memorial district bond fund which shall be used for the purposes specified in the order of the board of directors calling the special election and shall be expended upon warrants of the county auditor. (Enacted by Stats. 1935, Ch. 389.)

Last verified: January 11, 2026

Key Terms

board of supervisorsmemorial district bond fundcounty auditor

Related Statutes

  • § 1201 Memorial District Fund Warrants
  • § 1214 Bond Issue Election Certification
  • § 1216 District Bond Issuance Rules
  • § 1217 Bond Officer Signature Validity
  • § 1218 County Bond Tax Levy

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Military and Veterans Code. Section 1215.
View Official Source