California Revenue and Taxation Code 4656.3 – Assessments, and all delinquent penalties, interest and redemption …
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Assessments, and all delinquent penalties, interest and redemption penalties accruing thereon, shall be distributed to each fund in the same proportion as the assessments due each fund bears to the total amount of assessments due at the time of payment.
(Added by Stats. 1974, Ch. 708.)
Terms Used In California Revenue and Taxation Code 4656.3
- assessments: includes all liens charged on the secured roll which are not determined by the application of an ad valorem tax rate. See California Revenue and Taxation Code 4656.1
- fund: includes :
California Revenue and Taxation Code 4651