California Public Utilities Code

§ 12894

PUC § 12894Div. 6 · Ch. 6 · Art. 8

Statute text

The taxes required to be levied and collected on account of interest, principal, and sinking fund of district bonds shall be in addition to all other taxes levied for district purposes, and shall be collected at the time and in the same manner as other district taxes are collected, and be used for no other purpose than the payment of the bonds and accruing interest.

Legislative history

Enacted by Stats. 1951, Ch. 764.