{"code":"SHC","codeName":"Streets and Highways Code","section":"35424","citation":"Sts. & Hy. Code, § 35424","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 18. PARKING [31500. - 36745.]","url":"https://blackletter.si/streets-and-highways-code/division-18"},{"name":"PART 4. PARKING DISTRICT LAW OF 1951 [35100. - 35708.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4"},{"name":"CHAPTER 3. Bonds, Acquisitions and Improvements [35402. - 35432.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4/chapter-3"}],"history":"Added by Stats. 1953, Ch. 192.","effective":null,"html":"<p>The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.</p>","text":"The proceeds may be used to pay the interest on the bonds during the period of construction of any parking place and for a period of six months thereafter, except that the total period during which interest is paid from the proceeds shall not exceed three years from the date of the bonds.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/bonds-acquisitions-and-improvements-35424","source":"California Legislative Information bulk export (pubinfo)"}