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 2. The Redemption Fund 9260-9263
§ 9260
California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California
The treasurer shall keep a redemption fund designated by the name of the bonds, into which he shall place all sums received by him from the collection of the reassessments made for such refunding and upon the security of which the refunding bonds are issued and all interest and penalties thereon.
(Added by Stats. 1951, Ch. 463.)
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