Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9504 — General Provisions and Definitions

Cal. Sts. & High. Code § 9504

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Date
1984-07-17
Current through
Nov 2, 2026 (California Legislative Counsel)

It is the intention of this division that the outstanding bonds and the original assessments shall remain in full force and effect and secured by the original assessments until superseded and supplanted by reassessments and refunding bonds validly and legally issued pursuant to this division, at…

Citator

Cal. Sts. & High. Code § 9504 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

It is the intention of this division that the outstanding bonds and the original assessments shall remain in full force and effect and secured by the original assessments until superseded and supplanted by reassessments and refunding bonds validly and legally issued pursuant to this division, at which time the reassessments shall become the security for the refunding bonds and the refunding escrow shall become the security for any outstanding bonds not exchanged for refunding bonds.