Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 5334 — Assessments of Indian-Owned Property
Cal. Sts. & High. Code § 5334
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When bonds are to be issued to represent unpaid assessments against a possessory interest created by a lease in Indian-owned property, the term of the lease remaining at the time of issuance shall exceed, by at least 15 years, the term of the bonds issued.
Citator
Cal. Sts. & High. Code § 5334 — Assessments of Indian-Owned Property is in force in the current edition of the Code, and nothing recorded condemns it.
When bonds are to be issued to represent unpaid assessments against a possessory interest created by a lease in Indian-owned property, the term of the lease remaining at the time of issuance shall exceed, by at least 15 years, the term of the bonds issued.
If bonds are to be issued to represent assessments against such a possessory interest, the legislative body shall so declare in the resolution of intention.