If the State of California or such department thereof does not pay the amount of money assessed within 30 days after the effective date of the legislation making the appropriation to pay the assessment, the amount of money assessed shall bear interest at the rate of 6 percent per annum until paid, commencing with the 31st day after the effective date of such appropriation.
Cal. Sts. & High. Code § 5325
Assessment of Property Owned by the State of California
Known as the Improvement Act
The act spans §§ 5000–6794 (521 sections).
Added by Stats. 1969, Ch. 1219.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.