Cal. Sts. & Hy. Code § 25450

Current through the 2023 Legislative Session.
Section 25450 - Levy of amounts sufficient to pay principal and interest

It shall be the duty of the board of supervisors of each county within the district to annually cause to be levied upon the lands only, exclusive of improvements, within the county liable therefor the amounts reported to it by the treasurer of such district, which amounts shall be clearly sufficient to pay the principal and interest coming due or past due in such year upon any funding bonds of the district together with a sufficient amount to cover delinquencies.

Ca. Sts. and High. Code § 25450

Added by Stats. 1943, Ch. 284.