California Statutes
§ 25442. — 25442. (Added by Stats. 1943, Ch. 284.)
California·Code SHC Streets and Highways Code - SHC·Div. 16. DIVISION 16. HIGHWAY DISTRICTS·Part 1. PART 1. JOINT HIGHWAY DISTRICTS·Ch. 18. CHAPTER 18. Funding Bonds
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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California § 25442. (25442. (Added by Stats. 1943, Ch. 284.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1943, Ch. 284.