DIVISION 13. CALIFORNIA WATER DISTRICTS 34000-38501›PART 6. FINANCIAL PROVISIONS 35900-36458.1›CHAPTER 5.5. Alternative Provisions for the Consolidation of Coterminous Improvement Districts 36454-36454.4
§ 36454.2
California Water Code · 2020-11 edition · updated 2026-10-04 · California
For purposes of Section 2270 of the Revenue and Taxation Code, bonds authorized by any of the coterminous improvement districts which remain outstanding or unissued at the time the districts are consolidated shall be treated as having been authorized by the consolidated district. Further, for purposes of Section 2270 of the Revenue and Taxation Code, bonds authorized by the voters of the coterminous improvement districts which remain outstanding or unissued at the time the districts are consolidated shall be treated as having been authorized by the voters of the consolidated improvement district.
(Added by Stats. 1978, Ch. 5.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code