California Streets and Highways Code

§ 9542

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

SHC § 9542 Effective Jul 17, 1984Div. 11.5 · Ch. 2

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1984, Ch. 496, Sec. 1. Effective July 17, 1984.