California § 27242. 27242. (Added by Stats. 1943, Ch. 286.)

California Statutes

§ 27242. — 27242. (Added by Stats. 1943, Ch. 286.)

California § 27242.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 16.DIVISION 16. HIGHWAY DISTRICTS

Part 3.PART 3. BRIDGE AND HIGHWAY DISTRICTS

Ch. 13.CHAPTER 13. Issuance of District Bonds and Disposition of Surplus Proceeds

This text of California § 27242. (27242. (Added by Stats. 1943, Ch. 286.)) 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 § 27242. (2026).

Text

Bonds may be issued in accordance with the estimate in such amounts not exceeding the total amount of bonds authorized as will produce a sum sufficient to pay the cost of constructing or acquiring or both the works for which they were authorized and interest on the bonds so issued during the period of construction and six months thereafter. The failure to issue the full amount of bonds authorized shall not invalidate any bonds of the district.

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Bonds may be issued in accordance with the estimate in such amounts not exceeding the total amount of bonds authorized as will produce a sum sufficient to pay the cost of constructing or acquiring or both the works for which they were authorized and interest on the bonds so issued during the period of construction and six months thereafter. The failure to issue the full amount of bonds authorized shall not invalidate any bonds of the district.

Legislative History

Added by Stats. 1943, Ch. 286.

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California § 27242., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/27242..