Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 8884 — SPECIAL SECURITY FUND

Cal. Sts. & High. Code § 8884

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

Whenever an assessment is paid off following the issuance of bonds, there shall be transferred, from the special reserve fund to the redemption fund, an amount equal to the reduction in the assessment determined pursuant to Section 8881.

Citator

Cal. Sts. & High. Code § 8884 — SPECIAL SECURITY FUND is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever an assessment is paid off following the issuance of bonds, there shall be transferred, from the special reserve fund to the redemption fund, an amount equal to the reduction in the assessment determined pursuant to Section 8881.