DIVISION 16. HIGHWAY DISTRICTS 25000-27567›PART 1. JOINT HIGHWAY DISTRICTS 25000-25521›CHAPTER 16. General Bond Provisions 25370-25377
§ 25377
California Streets and Highways Code · 2018-11 edition · updated 2026-10-04 · California
The taxable property within any county shall not at any time be obligated for all joint highway district purposes, in any amount in excess of the following limitations:
(a) In counties having a total assessed value of all taxable property therein of one hundred million dollars ($100,000,000) or less, not more than 3 per cent thereof.
(b) In counties having a total assessed value of all taxable property therein of more than one hundred million dollars ($100,000,000), not more than 2 per cent thereof.
(Added by Stats. 1943, Ch. 284.)
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