Public Utilities Code section 27455

Only the property in the special transit service district shall be taxable for the payment of the principal and interest on special transit service district bonds. Until the bonds are paid, taxes shall be levied in substantial compliance with Section 25893.

Source: Section 27455, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=27455. (updated Jan. 1, 1959; accessed Jul. 6, 2026).

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Verified:
Jul. 6, 2026

§ 27455's source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_27455

Original Source: Section 27455, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=27455. (last accessed May 12, 2025).