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 8. Payment and Collection of Reassessments [9250 - 9291]
( Chapter 8 added by Stats. 1951, Ch. 463. ) ARTICLE 2. The Redemption Fund [9260 - 9263]
( Article 2 added by Stats. 1951, Ch. 463. ) 9263.
All money in the redemption fund upon the date the statement of the auditor is approved by the legislative body shall be paid to the holders of outstanding bonds and coupons entitled thereto at or prior to the delivery of the refunding bonds.
(Added by Stats. 1951, Ch. 463.)