Upon the award of the bonds to a purchaser, the treasurer shall issue bonds representing the liens of the unpaid assessments as shown on the list and bearing interest at the rate fixed by the legislative body.
Cal. Sts. & High. Code § 35507
Bonds for Assessments
Known as the Parking District Law
The act spans §§ 35100–35708 (190 sections).
Repealed and added by Stats. 1969, Ch. 234.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.