DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” 9000-9481›CHAPTER 8. Payment and Collection of Reassessments 9250-9291›ARTICLE 5. Payment in Installments 9285-9291
§ 9288
California Streets and Highways Code · 2018-11 edition · updated 2026-10-04 · California
If the refunding bonds are payable in annual series, unpaid reassessments shall be payable in annual series corresponding in number to the number or series of bonds issued, and an even annual proportion of each reassessment shall be payable in each year preceding the date of maturity of each of the several series of bonds issued.
(Added by Stats. 1951, Ch. 463.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code