What is a definition of a bond fund? According to the Department of Finance (DOF), a bond fund is used to account for the receipt and disbursement of non-self-liquidating bond proceeds. Who pays for the bonds? According to DOF, depending...
On occasion, bond measures are submitted to voters in the State of California. The Elections Code, in Division 9, Chapter 5, provides several statutes related to bond issues. They are contained in Section 9400 to 9405. Section 9400 specifies that...