Code Section

Streets and Highways Code - SHC

DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” [9000 - 9481]

  ( Division 11 added by Stats. 1951, Ch. 463. )
  

CHAPTER 1. General Provisions and Definitions [9000 - 9025]

  ( Chapter 1 added by Stats. 1951, Ch. 463. )
  

ARTICLE 1. General Provisions [9000 - 9014]
  ( Article 1 added by Stats. 1951, Ch. 463. )

  
9002.  

It is the intention of this division that the original bonds and the original assessments shall remain in full force and effect until superseded and supplanted by reassessments and refunding bonds validly and legally issued, upon which the city is validly subject to the liability to pay the refunding bonds.

(Added by Stats. 1951, Ch. 463.)