Streets and Highways Code - SHC
DIVISION 12. THE MUNICIPAL IMPROVEMENT ACT OF 1913 [10000 - 10706]
( Division 12 added by Stats. 1953, Ch. 192. ) CHAPTER 5. Levying and Collecting the Assessment [10400 - 10508]
( Chapter 5 added by Stats. 1953, Ch. 192. ) 10424.
As fast as collected the tax collector shall pay the funds collected by him pursuant to this division, either upon voluntary payment or as the result of sales, to the treasurer of the city. The city treasurer shall place the funds so received in a special fund designated by the name of the improvement proceeding. Payment shall be made out of the special fund so established only for the purposes provided for in this division.
(Amended by Stats. 1967, Ch. 1152.)