Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 25373 — General Bond Provisions

Cal. Sts. & High. Code § 25373

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The State Director of Finance may purchase any bonds issued by joint highway districts and pay for them out of any surplus money in the State treasury which, in his judgment, is not required for governmental purposes prior to the maturity of such bonds. The boards of supervisors of the several…

Citator

Cal. Sts. & High. Code § 25373 — General Bond Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The State Director of Finance may purchase any bonds issued by joint highway districts and pay for them out of any surplus money in the State treasury which, in his judgment, is not required for governmental purposes prior to the maturity of such bonds. The boards of supervisors of the several counties within the district may likewise purchase such bonds with any surplus funds under their control.