Cal. SHC § 25442
This is the official text of Cal. SHC § 25442, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
The board of directors may use any available moneys of the district, not already allocated to some other purpose, for the payment of any interest or principal due or past due upon any funding bonds of the district, and may advance moneys of the district for that purpose. If an advancement is made the district shall be entitled to reimbursement out of any levies thereafter made or any moneys thereafter collected and applicable to the payment of the funding bonds.
Status: in_force · Read it on the official government site
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