Transfer and disbursement of proceeds of sale of bonds and notes

Checkout our iOS App for a better way to browser and research.

Upon the issuance and sale of bonds or notes, the State Bond Commission shall transfer the proceeds of any such sale or sales to the Emerging Crops Fund. The proceeds of such bonds or notes shall be disbursed solely upon the order of the department under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds or notes.


Download our app to see the most-to-date content.