Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 35424 — Bonds, Acquisitions and Improvements

Cal. Sts. & High. Code § 35424

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

The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.

Citator

Cal. Sts. & High. Code § 35424 — Bonds, Acquisitions and Improvements is in force in the current edition of the Code, and nothing recorded condemns it.

The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.