Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 31147 — Bonds

Cal. Sts. & High. Code § 31147

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

Successive issues of bonds within the limits of the original authorization for the issuance of bonds for the acquisition or construction of the toll tunnel shall have equal preference with respect to the redemption thereof and the payment of interest thereon, but the authority may fix different…

Citator

Cal. Sts. & High. Code § 31147 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Successive issues of bonds within the limits of the original authorization for the issuance of bonds for the acquisition or construction of the toll tunnel shall have equal preference with respect to the redemption thereof and the payment of interest thereon, but the authority may fix different maturity dates, serially or otherwise, for successive issues under any one original authorization.