California Streets and Highways Code 27241 – If the estimated amount of bonds required to pay the estimated cost …
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If the estimated amount of bonds required to pay the estimated cost and interest exceeds the total amount of bonds theretofore authorized, the board may submit to the electors of the district the proposition of authorizing additional bonds for the purpose of meeting the estimate. No error or informality in any estimate shall invalidate any bonds of the distirct.
(Added by Stats. 1943, Ch. 286.)
Terms Used In California Streets and Highways Code 27241
- board: means the board of directors of the district unless the context clearly indicates otherwise. See California Streets and Highways Code 27002
- district: means a bridge and highway district unless the context clearly indicates otherwise. See California Streets and Highways Code 27001