Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 10204.2 — Resolution of Intention and Report
Cal. Sts. & High. Code § 10204.2
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If improvement bonds are to be issued pursuant to the Improvement Bond Act of 1915 (Division 10 (commencing with Section 8500)), the costs and expenses of the proposed improvement may include an allowance for interest not exceeding two years’ estimated interest on the bonds. The amount of the…
Citator
Cal. Sts. & High. Code § 10204.2 — Resolution of Intention and Report is in force in the current edition of the Code, and nothing recorded condemns it.
If improvement bonds are to be issued pursuant to the Improvement Bond Act of 1915 (Division 10 (commencing with Section 8500)), the costs and expenses of the proposed improvement may include an allowance for interest not exceeding two years’ estimated interest on the bonds. The amount of the allowance for interest shall be paid into the redemption fund for the bonds upon sale and delivery of the bonds.