Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9271 — Payment of Entire Assessment

Cal. Sts. & High. Code § 9271

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

If an owner pays a reassessment in a lump sum and the proceeds of that payment are used for the purchase or call of a bond, the person paying the reassessment shall be entitled to credit and reimbursement of his proportion of the interest saved by such purchase or call, less his proportion of…

Citator

Cal. Sts. & High. Code § 9271 — Payment of Entire Assessment is in force in the current edition of the Code, and nothing recorded condemns it.

If an owner pays a reassessment in a lump sum and the proceeds of that payment are used for the purchase or call of a bond, the person paying the reassessment shall be entitled to credit and reimbursement of his proportion of the interest saved by such purchase or call, less his proportion of any costs incurred for publishing or serving any notice of purchase or call for redemption.