{"code":"SHC","codeName":"Streets and Highways Code","section":"25409","citation":"Sts. & Hy. Code, § 25409","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 16. HIGHWAY DISTRICTS [25000. - 27567.]","url":"https://blackletter.si/streets-and-highways-code/division-16"},{"name":"PART 1. JOINT HIGHWAY DISTRICTS [25000. - 25521.]","url":"https://blackletter.si/streets-and-highways-code/division-16/part-1"},{"name":"CHAPTER 17. Revenue Bonds [25400. - 25410.]","url":"https://blackletter.si/streets-and-highways-code/division-16/part-1/chapter-17"}],"history":"Added by Stats. 1943, Ch. 284.","effective":null,"html":"<p>The board of directors shall levy a tax annually within the district sufficient to meet the principal and interest of all outstanding revenue bonds coming due in each fiscal year.</p>","text":"The board of directors shall levy a tax annually within the district sufficient to meet the principal and interest of all outstanding revenue bonds coming due in each fiscal year.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/revenue-bonds-25409","source":"California Legislative Information bulk export (pubinfo)"}