California Statutes

§ 9271. — 9271. (Added by Stats. 1951, Ch. 463.)

California § 9271.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 11.DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915”
Ch. 8.CHAPTER 8. Payment and Collection of Reassessments
Art. 3.ARTICLE 3. Payment of Entire Assessment

This text of California § 9271. (9271. (Added by Stats. 1951, Ch. 463.)) 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 § 9271. (2026).

Text

If an owner pays a reassessment in a lump sum and the proceeds of that payment are used for the purchase or call of a bond, the person paying the reassessment shall be entitled to credit and reimbursement of his proportion of the interest saved by such purchase or call, less his proportion of any costs incurred for publishing or serving any notice of purchase or call for redemption.

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Legislative History

Added by Stats. 1951, Ch. 463.
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California § 9271., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/9271..