Statute · California Government Code
Cal. Gov't Code § 59280 — Refunding of Ad Valorem Tax or Assessment Bonds
Cal. Gov't Code § 59280
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body shall have power under this chapter to refund bonds which constitute an indebtedness of a local agency or any improvement district or zone thereof payable, both principal and interest, from the proceeds of ad valorem taxes or ad valorem assessments which may be levied…
Citator
Cal. Gov't Code § 59280 — Refunding of Ad Valorem Tax or Assessment Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body shall have power under this chapter to refund bonds which constitute an indebtedness of a local agency or any improvement district or zone thereof payable, both principal and interest, from the proceeds of ad valorem taxes or ad valorem assessments which may be levied without limitation as to rate or amount upon property in the local agency or in the improvement district or zone thereof subject to taxation or assessment.