Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 8778 — REDEMPTION FUND DEFICIENCIES

Cal. Sts. & High. Code § 8778

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

If a deficiency remains in the redemption fund after one year from the issuance of the bonds, the legislative body may require all persons interested to appear before it at a day, hour and place fixed by it for a hearing and to show cause why a supplemental assessment should not be made to pay…

Citator

Cal. Sts. & High. Code § 8778 — REDEMPTION FUND DEFICIENCIES is in force in the current edition of the Code, and nothing recorded condemns it.

If a deficiency remains in the redemption fund after one year from the issuance of the bonds, the legislative body may require all persons interested to appear before it at a day, hour and place fixed by it for a hearing and to show cause why a supplemental assessment should not be made to pay for the cost and incidental expenses of the original work done upon which the original assessments were made upon which the bonds were issued.