Code Section

Streets and Highways Code - SHC

DIVISION 16. HIGHWAY DISTRICTS [25000 - 27566]

  ( Division 16 added by Stats. 1943, Ch. 284. )
  

PART 1. JOINT HIGHWAY DISTRICTS [25000 - 25521]

  ( Part 1 added by Stats. 1943, Ch. 284. )
  

CHAPTER 18. Funding Bonds [25430 - 25450]
  ( Chapter 18 added by Stats. 1943, Ch. 284. )

  
25447.  

In each district in which funding bonds have been issued there is hereby created a special fund to be designated “Joint Highway District No. ____ of the State of California Funding Bond Redemption Fund No. ____” (each such fund to be consecutively numbered within each district as created) for the discharge and payment of principal and interest on such bonds.

(Added by Stats. 1943, Ch. 284.)