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DIVISION 7. THE IMPROVEMENT ACT OF 1911 5000-6794›PART 3. PERFORMING THE WORK 5100-5954›CHAPTER 14.5. Assessments of Indian-Owned Property 5330-5335

§ 5334

California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California

When bonds are to be issued to represent unpaid assessments against a possessory interest created by a lease in Indian-owned property, the term of the lease remaining at the time of issuance shall exceed, by at least 15 years, the term of the bonds issued.

If bonds are to be issued to represent assessments against such a possessory interest, the legislative body shall so declare in the resolution of intention.

(Added by Stats. 1978, Ch. 970.)

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California Streets and Highways Code

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