California § 10704. 10704. (Added by Stats. 1984, Ch. 1298, Sec. 29.)

California Statutes

§ 10704. — 10704. (Added by Stats. 1984, Ch. 1298, Sec. 29.)

California § 10704.

Code SHCStreets and Highways Code - SHC

Div. 12.DIVISION 12. THE MUNICIPAL IMPROVEMENT ACT OF 1913

Ch. 8.CHAPTER 8. Deferral of Assessments

This text of California § 10704. (10704. (Added by Stats. 1984, Ch. 1298, Sec. 29.)) 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. Streets and Highways Code - SHC Code § 10704. (2026).

Text

Alternatively, the city may create a deferral fund for the assessment district, and deposit into the deferral fund an amount sufficient to pay the asessments being deferred for a specified period of time. Funds in the deferral fund may be invested as other city funds are invested, or in more restricted ways as determined by the legislative body. Any investment of the funds in the deferral fund shall comply with federal arbitrage rules.

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Alternatively, the city may create a deferral fund for the assessment district, and deposit into the deferral fund an amount sufficient to pay the asessments being deferred for a specified period of time. Funds in the deferral fund may be invested as other city funds are invested, or in more restricted ways as determined by the legislative body. Any investment of the funds in the deferral fund shall comply with federal arbitrage rules.

Legislative History

Added by Stats. 1984, Ch. 1298, Sec. 29.

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California § 10704., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/10704..