California Statutes
§ 9620. — 9620. (Added by Stats. 1986, Ch. 874, Sec. 24.)
California § 9620.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 11.5.DIVISION 11.5. REFUNDING ACT OF 1984 FOR 1915 IMPROVEMENT ACT BONDS
Ch. 3.CHAPTER 3. Issuance of Refunding Bonds
This text of California § 9620. (9620. (Added by Stats. 1986, Ch. 874, Sec. 24.)) 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 § 9620. (2026).
Text
The legislative body may provide, in the resolution authorizing the issuance of the refunding bonds, for the establishment from the proceeds of the sale of the refunding bonds of a special reserve fund for the refunding bonds pursuant to Part 16 (commencing with Section 8880) of Division 10.
If the legislative body elects to establish the reserve fund, it shall provide, in the resolution adopted pursuant to Section 9520, for the inclusion of the amount of the special reserve fund in the reassessment.
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Legislative History
Added by Stats. 1986, Ch. 874, Sec. 24. Effective September 17, 1986.
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California § 9620., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/9620..