California Statutes

§ 8880. — 8880. (Amended by Stats. 1989, Ch. 104, Sec. 25.)

California § 8880.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 10.DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915
Part 16.PART 16. SPECIAL SECURITY FUND

This text of California § 8880. (8880. (Amended by Stats. 1989, Ch. 104, Sec. 25.)) 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 § 8880. (2026).

Text

In any proceedings leading to the issuance of bonds pursuant to this division, the legislative body may include, as an incidental expense of the proceedings, an amount to create a special reserve fund for the bonds. The amount so provided shall not exceed 10 percent of the total amount of assessments to be levied under the proceedings.

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Legislative History

Amended by Stats. 1989, Ch. 104, Sec. 25.
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