Military and Veterans Code section 1203

The board of supervisors shall annually at the time of levying county taxes and until all bonded indebtedness of the district is fully paid, levy and cause to be collected by the county tax collector a tax on all taxable property in the district sufficient for the payment of the principal of and interest upon all bonded indebtedness of the district. This tax shall be known as the memorial district bond retirement tax.

Source: Section 1203, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=MVC§ionNum=1203.­ (updated Jan. 1, 1935; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 1203’s source at ca​.gov