BlackletterCalifornia law

Public Utilities Code § 99355

ARTICLE 7. Limited Obligation Bonds

Current as of September 28, 2026Pub. Util. Code, § 99355Official source ↗

Added by Stats. 1971, Ch. 1400.

In order to fully preserve and protect the priority and security of the bonds, the county shall pay from the special account in the local transportation fund and discharge all lawful claims for labor, materials and supplies, which if unpaid may become a lien or charge upon the designated revenues prior or superior to the lien of the bonds or impair the security of the bonds.