California Streets and Highways Code 27242 – Bonds may be issued in accordance with the estimate in such amounts …
Current as of: 2024 | Check for updates
|
Other versions
Bonds may be issued in accordance with the estimate in such amounts not exceeding the total amount of bonds authorized as will produce a sum sufficient to pay the cost of constructing or acquiring or both the works for which they were authorized and interest on the bonds so issued during the period of construction and six months thereafter. The failure to issue the full amount of bonds authorized shall not invalidate any bonds of the district.
(Added by Stats. 1943, Ch. 286.)
Terms Used In California Streets and Highways Code 27242
- Construction: includes :
California Streets and Highways Code 29
- district: means a bridge and highway district unless the context clearly indicates otherwise. See California Streets and Highways Code 27001