Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 25377 — General Bond Provisions

Cal. Sts. & High. Code § 25377

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

The taxable property within any county shall not at any time be obligated for all joint highway district purposes, in any amount in excess of the following limitations:

Citator

Cal. Sts. & High. Code § 25377 — General Bond Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The taxable property within any county shall not at any time be obligated for all joint highway district purposes, in any amount in excess of the following limitations:

(a) In counties having a total assessed value of all taxable property therein of one hundred million dollars ($100,000,000) or less, not more than 3 per cent thereof.

(b) In counties having a total assessed value of all taxable property therein of more than one hundred million dollars ($100,000,000), not more than 2 per cent thereof.