California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 7. THE IMPROVEMENT ACT OF 1911 |
Part 3. PERFORMING THE WORK |
Chapter 14. Assessment of Property Owned by the State of California |
Section 5325.
Latest version.
-
If the State of California or such department thereof does not pay the amount of money assessed within 30 days after the effective date of the legislation making the appropriation to pay the assessment, the amount of money assessed shall bear interest at the rate of 6 percent per annum until paid, commencing with the 31st day after the effective date of such appropriation.
(Added by Stats. 1969, Ch. 1219.)