In each district in which funding bonds have been issued there is hereby created a special fund to be designated “Joint Highway District No. ____ of the State of California Funding Bond Redemption Fund No. ____” (each such fund to be consecutively numbered within each district as created) for the discharge and payment of principal and interest on such bonds.
Cal. Sts. & High. Code § 25447
Funding Bonds
Known as the Joint Highway District Act
The act spans §§ 25000–25521 (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.