California § 8626. 8626. (Amended by Stats. 1993, Ch. 194, Sec. 9.)

California Statutes

§ 8626. — 8626. (Amended by Stats. 1993, Ch. 194, Sec. 9.)

California § 8626.

Code SHCStreets and Highways Code - SHC

Div. 10.DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915

Part 5.PART 5. ISSUANCE OF BONDS

This text of California § 8626. (8626. (Amended by Stats. 1993, Ch. 194, Sec. 9.)) 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 § 8626. (2026).

Text

If the assessment was levied under the Municipal Improvement Act of 1913 or other law, the proceeds of the sale of the bonds shall be paid into the fund of the proceeding to represent the assessments for which the bonds were issued. If the bonds are sold for an amount in excess of par, the excess shall be paid into the fund specified in Section 10424 or other special fund specified in the law pursuant to which the assessment was levied to finance the acquisitions or improvements.

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If the assessment was levied under the Municipal Improvement Act of 1913 or other law, the proceeds of the sale of the bonds shall be paid into the fund of the proceeding to represent the assessments for which the bonds were issued. If the bonds are sold for an amount in excess of par, the excess shall be paid into the fund specified in Section 10424 or other special fund specified in the law pursuant to which the assessment was levied to finance the acquisitions or improvements.

Legislative History

Amended by Stats. 1993, Ch. 194, Sec. 9. Effective January 1, 1994.

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California § 8626., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/8626..