Cal. Pub. Util. Code § 27455

Current through the 2023 Legislative Session.

Section 27455 - Taxes for payment of principal and interest

Only the property in the special transit service district shall be taxable for the payment of the principal and interest on special transit service district bonds. Until the bonds are paid, taxes shall be levied in substantial compliance with Section 25893.

Ca. Pub. Util. Code § 27455

Added by Stats. 1959, Ch. 116.