Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 25450 — Funding Bonds

Cal. Sts. & High. Code § 25450

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

It shall be the duty of the board of supervisors of each county within the district to annually cause to be levied upon the lands only, exclusive of improvements, within the county liable therefor the amounts reported to it by the treasurer of such district, which amounts shall be clearly…

Citator

Cal. Sts. & High. Code § 25450 — Funding Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

It shall be the duty of the board of supervisors of each county within the district to annually cause to be levied upon the lands only, exclusive of improvements, within the county liable therefor the amounts reported to it by the treasurer of such district, which amounts shall be clearly sufficient to pay the principal and interest coming due or past due in such year upon any funding bonds of the district together with a sufficient amount to cover delinquencies.