ARTICLE 1. Lien and Additional Assessments

Article 1 added by Stats. 1951, Ch. 391.

§§ 47300–47305 · 6 sections

• § 47300 The lien of any unpaid assessment upon which bonds have been issued continues until all the bonds have been paid in full.
• § 47301 If for any reason any part of the principal or interest of the bonds remains unpaid after enforcement of the assessment as provided in this division, the board…
• § 47302 The additional or supplemental assessment shall be enforced and collected in the same manner as the original assessment.
• § 47303 Where bonds of the district have been authorized to be issued on the assessments, all unpaid assessments bear interest at the rate of 7 percent per year from…
• § 47304 The interest due at any time on unpaid assessments may be called without calling any installment of the assessment.
• § 47305 The word installment as used in this chapter shall be construed as applying to interest as well as to principal, as the case may be.