§ 53829
84 words·~1 min read·
/ca/government-code/53829A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The repayment of money borrowed by a county, city, or municipal or public corporation or district other than a school district, county board of education, or community college district constitutes a first lien and charge against the taxes levied for the fiscal year in which it was borrowed and shall be repaid from the first money received by the county, city, or municipal or public corporation or district other than a school district, county board of education, or community college district from the taxes.