California § 6550.12. 6550.12. (Added by Stats. 1968, Ch. 1055.)

California Statutes

§ 6550.12. — 6550.12. (Added by Stats. 1968, Ch. 1055.)

California § 6550.12.

JurisdictionCalifornia

Code HSCHealth and Safety Code - HSC

Div. 6.DIVISION 6. SANITARY DISTRICTS

Part 1.PART 1. SANITARY DISTRICT ACT OF 1923

Ch. 4.CHAPTER 4. District Powers

Art. 4.ARTICLE 4. Improvement Districts

This text of California § 6550.12. (6550.12. (Added by Stats. 1968, Ch. 1055.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Health and Safety Code - HSC Code § 6550.12. (2026).

Text

Any moneys required to be raised from taxes for the purpose of paying the principal of and interest on bonds of the district for an improvement district shall be derived exclusively from an annual tax upon the taxable property in the improvement district of such sanitary district, and all the taxable property within the improvement district of such sanitary district shall be and remain liable to be taxed for such payments. The district board shall annually, at the time and in the manner of levying other district taxes, levy and cause to be collected a tax upon the taxable property in the improvement district, based upon the last equalized assessment roll of the district,
					 sufficient to pay the interest on the bonds for that year and such portion of the principal as is to become due be

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Any moneys required to be raised from taxes for the purpose of paying the principal of and interest on bonds of the district for an improvement district shall be derived exclusively from an annual tax upon the taxable property in the improvement district of such sanitary district, and all the taxable property within the improvement district of such sanitary district shall be and remain liable to be taxed for such payments. The district board shall annually, at the time and in the manner of levying other district taxes, levy and cause to be collected a tax upon the taxable property in the improvement district, based upon the last equalized assessment roll of the district,
sufficient to pay the interest on the bonds for that year and such portion of the principal as is to become due before the time for making the next general tax levy. Such bonds and the interest thereon shall not be taxable in this state.