The board of directors shall levy a tax annually within the district sufficient to meet the principal and interest of all outstanding revenue bonds coming due in each fiscal year.
Cal. Sts. & High. Code § 25409
Revenue Bonds
Known as the Joint Highway District Act
The act spans §§ 25000 to 25521 (135 sections).
Added by Stats. 1943, Ch. 284.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.