Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9231 — Recordation of Reassessment

Cal. Sts. & High. Code § 9231

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

When refunding bonds are issued, the reassessments and any reassessments which may be issued thereon or in lieu thereof, together with interest thereon, shall remain and constitute a trust fund for the redemption and payment of the refunding bonds and the interest thereon.

Citator

Cal. Sts. & High. Code § 9231 — Recordation of Reassessment is in force in the current edition of the Code, and nothing recorded condemns it.

When refunding bonds are issued, the reassessments and any reassessments which may be issued thereon or in lieu thereof, together with interest thereon, shall remain and constitute a trust fund for the redemption and payment of the refunding bonds and the interest thereon.