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2020 California Code
Streets and Highways Code - SHC
DIVISION 11 - REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915”
CHAPTER 8 - Payment and Collection of Reassessments
ARTICLE 2 - The Redemption Fund
Section 9260.
Universal Citation: CA St & Hwy Code § 9260 (2020)
9260.
The treasurer shall keep a redemption fund designated by the name of the bonds, into which he shall place all sums received by him from the collection of the reassessments made for such refunding and upon the security of which the refunding bonds are issued and all interest and penalties thereon.
(Added by Stats. 1951, Ch. 463.)
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