TITLE 6. DISTRICTS 58000-62464›DIVISION 1. GENERAL 58000-60375.5›CHAPTER 5. Special Assessment and Bond Refunding Law of 1939 59100-59674›ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders 59590-59598

§ 59594

California Government Code · 2026-09 edition · updated 2026-10-03 · California

Any cash collected on reassessments and not required to pay consenting bondholders may also be used to reimburse in whole or in part any local agency, person, or corporation making the advance, and the legislative body may contract to so apply such cash.

(Added by Stats. 1951, Ch. 331.)

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California Government Code

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