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DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 10.7. BOND ANTICIPATION NOTES 8745-8746.4

§ 8745.2

California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California

The principal and interest on the bond anticipation notes may be paid from any money available for their payment. Any portion of the principal or interest which is due and payable shall be paid from the proceeds of the next sale of bonds in anticipation of which the notes were issued.

(Added by Stats. 1984, Ch. 1298, Sec. 15.)

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