California Streets and Highways Code 25401 – All revenue bonds shall be payable out of a fund of the district …
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All revenue bonds shall be payable out of a fund of the district designated “Joint Highway District No. ____ of the State of California Revenue Bond Fund” and into which shall be paid all sums necessary for the retirement of any revenue bonds which may be issued by the district.
(Added by Stats. 1943, Ch. 284.)
Terms Used In California Streets and Highways Code 25401
- highway: includes bridges, culverts, curbs, drains, and all works incidental to highway construction, improvement, and maintenance. See California Streets and Highways Code 23