Home/California/Statutes/Code SHC: Streets 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/§ 27248.
California Statutes

§ 27248. — 27248. (Added by Stats. 1943, Ch. 286.)

California § 27248.
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 § 27248. (27248. (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 § 27248. (2026).

Text

The money in the reserve interest fund shall be deposited in the same manner as other funds of the district or invested in securities which are legal investments for public funds, and the fund shall be used solely for the payment of interest on such bonds whenever there shall be a deficit in the revenues of the works and only to the extent of such deficit.

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Legislative History

Added by Stats. 1943, Ch. 286.
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California § 27248., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/27248..