§ 26242. — 26242. (Added by Stats. 1943, Ch. 285.)

California § 26242.

• Jurisdiction: California
• Code SHC: Streets and Highways Code - SHC
• Div. 16.: DIVISION 16. HIGHWAY DISTRICTS
• Part 2.: PART 2. BOULEVARD DISTRICTS
• Ch. 15.: CHAPTER 15. Dissolution

Text

If at the time of the election to dissolve the district there is outstanding any bonded indebtedness of the district, the vote to dissolve shall dissolve the district for all purposes except the levy and collection of taxes for the payment of that outstanding indebtedness.
From the time of dissolution until the bonded indebtedness together with the interest thereon is fully paid, the board of supervisors of the county shall constitute ex officio the boulevard commission of the district, and shall levy such taxes and perform such other acts as may be necessary to raise money for the payment of the outstanding indebtedness of the district.

Legislative History

Added by Stats. 1943, Ch. 285.