GroundRules
SHC § 27301
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 16. HIGHWAY DISTRICTS [25000. - 27567.]
- PART 3. BRIDGE AND HIGHWAY DISTRICTS [27000. - 27567.]
- CHAPTER 16. Disposition and Maintenance of Adequate District Revenues [27300. - 27305.]
For the purpose of paying the principal or interest of bonds due or to become due within four months, and not otherwise adequately provided for, the district may borrow money in anticipation of the receipt of either the revenues and taxes of the fiscal year in which the loan is made or the revenues and taxes of the next succeeding fiscal year. The money borrowed shall be payable not later than the end of such next succeeding fiscal year.
Collected 2026-09-14T05:56:33Z. Source file · JSON