§ 8884
38 words·~1 min read·
/ca/streets-and-highways-code/8884A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever an assessment is paid off following the issuance of bonds, there shall be transferred, from the special reserve fund to the redemption fund, an amount equal to the reduction in the assessment determined pursuant to Section 8881.