Streets and Highways Code section 9231

When refunding bonds are issued, the reassessments and any reassessments which may be issued thereon or in lieu thereof, together with interest thereon, shall remain and constitute a trust fund for the redemption and payment of the refunding bonds and the interest thereon.

Source: Section 9231, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=9231. (accessed May 14, 2025).

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Last Updated

May 12, 2025

§ 9231’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_9231

Original Source: Section 9231, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=9231. (last accessed May 12, 2025).