California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 10. THE IMPROVEMENT BOND ACT OF 1915 |
Part 16. SPECIAL SECURITY FUND |
Section 8884.
Latest version.
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Whenever an assessment is paid off following the issuance of bonds, there shall be transferred, from the special reserve fund to the redemption fund, an amount equal to the reduction in the assessment determined pursuant to Section 8881.
(Added by Stats. 1979, Ch. 149.)