California Health and Safety Code 5042 – Whenever it appears that the rates are insufficient to provide enough …
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Whenever it appears that the rates are insufficient to provide enough money to pay the principal and interest, in addition to the operating expenses, and the governing body neglects or refuses to fix adequate rates therefor, any bondholder may petition the superior court for a writ of mandate to compel the governing body to increase the rates to such an extent as will make them sufficient to provide enough money for those purposes.
(Enacted by Stats. 1939, Ch. 60.)
Terms Used In California Health and Safety Code 5042
- Governing body: as used in this chapter , means the governing body of the district. See California Health and Safety Code 4952
- Rates: as used in this chapter , includes rates and charges. See California Health and Safety Code 4955
- Writ: A formal written command, issued from the court, requiring the performance of a specific act.