California § 25442. 25442. (Added by Stats. 1943, Ch. 284.)

California Statutes

§ 25442. — 25442. (Added by Stats. 1943, Ch. 284.)

California § 25442.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 16.DIVISION 16. HIGHWAY DISTRICTS

Part 1.PART 1. JOINT HIGHWAY DISTRICTS

Ch. 18.CHAPTER 18. Funding Bonds

This text of California § 25442. (25442. (Added by Stats. 1943, Ch. 284.)) 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 § 25442. (2026).

Text

The board of directors may use any available moneys of the district, not already allocated to some other purpose, for the payment of any interest or principal due or past due upon any funding bonds of the district, and may advance moneys of the district for that purpose. If an advancement is made the district shall be entitled to reimbursement out of any levies thereafter made or any moneys thereafter collected and applicable to the payment of the funding bonds.

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The board of directors may use any available moneys of the district, not already allocated to some other purpose, for the payment of any interest or principal due or past due upon any funding bonds of the district, and may advance moneys of the district for that purpose. If an advancement is made the district shall be entitled to reimbursement out of any levies thereafter made or any moneys thereafter collected and applicable to the payment of the funding bonds.

Legislative History

Added by Stats. 1943, Ch. 284.

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California § 25442., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/25442..