Skip to content
ChatProjectCodes

DIVISION 11.5. REFUNDING ACT OF 1984 FOR 1915 IMPROVEMENT ACT BONDS 9500-9707›CHAPTER 2. Reassessment Proceedings 9520-9548

§ 9542

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

When refunding bonds are issued, the reassessments and any reassessments which may be issued thereon or in lieu thereof, together with interest thereon, shall remain and constitute a trust fund for the redemption and payment of the refunding bonds and the interest thereon.

(Added by Stats. 1984, Ch. 496, Sec. 1. Effective July 17, 1984.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Streets and Highways Code
California Streets and Highways Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.