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

§ 9262

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

From the redemption fund the treasurer shall disburse and pay the refunding bonds and the interest due thereon upon presention of the proper bonds and coupons. Under no circumstances shall the bonds or the interest thereon be paid out of any other fund.

(Added by Stats. 1951, Ch. 463.)

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California Streets and Highways Code

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