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2022 California Code
Streets and Highways Code - SHC
DIVISION 16 - HIGHWAY DISTRICTS
PART 1 - JOINT HIGHWAY DISTRICTS
CHAPTER 16 - General Bond Provisions
Section 25373.
Universal Citation:
CA St & Hwy Code § 25373 (2022)
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25373. The State Director of Finance may purchase any bonds issued by joint highway districts and pay for them out of any surplus money in the State treasury which, in his judgment, is not required for governmental purposes prior to the maturity of such bonds. The boards of supervisors of the several counties within the district may likewise purchase such bonds with any surplus funds under their control.
(Added by Stats. 1943, Ch. 284.)
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