Cal. Gov. Code § 59320

Current through the 2023 Legislative Session.
Section 59320 - Limitation on total amount of reassessment

In refunding the indebtedness of a district the total amount of the reassessment to be levied pursuant to this chapter and any contributions shall not exceed the face amount of the original bonds and coupons and interest on them after the maturity of the bonds and coupons, including interest after the date of the resolution of intention, plus the incidental expenses of the proceedings.

Ca. Gov. Code § 59320

Added by Stats. 1951, Ch. 331.