Streets and Highways Code section 35424

The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.

Source: Section 35424, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35424. (accessed May 19, 2025).

Last Updated

May 12, 2025

§ 35424’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_35424

Original Source: Section 35424, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35424. (last accessed May 12, 2025).