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DIVISION 16. HIGHWAY DISTRICTS 25000-27567›PART 1. JOINT HIGHWAY DISTRICTS 25000-25521›CHAPTER 16. General Bond Provisions 25370-25377

§ 25373

California Streets and Highways Code · 2018-11 edition · updated 2026-10-04 · California

The State Director of Finance may purchase any bonds issued by joint highway districts and pay for them out of any surplus money in the State treasury which, in his judgment, is not required for governmental purposes prior to the maturity of such bonds. The boards of supervisors of the several counties within the district may likewise purchase such bonds with any surplus funds under their control.

(Added by Stats. 1943, Ch. 284.)

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California Streets and Highways Code

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