Public Utilities Code § 27455

ARTICLE 5. Bond Election

Current as of September 28, 2026Pub. Util. Code, § 27455Official source ↗

Added by Stats. 1959, Ch. 116.

Only the property in the special transit service district shall be taxable for the payment of the principal and interest on special transit service district bonds. Until the bonds are paid, taxes shall be levied in substantial compliance with Section 25893.