ARTICLE 3. Sacramento and San Joaquin Drainage District Refunding Act
Article 3 added by Stats. 1943, Ch. 369.
§§ 8935–8946 · 12 sections
- § 8935 The board shall cancel all proceedings taken in connection with the bond issue of the drainage district based upon and secured by Sutter-Butte By-pass…
- § 8936 The Controller shall request the State Treasurer to transfer and the Treasurer shall immediately transfer, any and all moneys deposited in the Bond Fund or…
- § 8937 Immediately upon the bonds authorized and directed to be canceled by this article being canceled, the board may order that assessment number six shall be paid…
- § 8938 If a supplementary assessment number six is levied by the board, immediately upon the supplementary assessment number six becoming a lien upon the lands, the…
- § 8939 Each of the semiannual installments upon each tract shall be based upon the original principal amount of the assessment on the tract less any deductions…
- § 8940 The board may, by order entered in its minutes, postpone or discontinue from time to time the calling of the semiannual installments or any of them for such…
- § 8941 Any owner or holder of lands within the boundaries of the drainage district whose lands are subject to the lien of assessment number six or supplemental…
- § 8942 Any officer mentioned in the next preceding section shall accept such warrants so presented or tendered in payment of the assessment, or any part thereof, at…
- § 8943 All warrants when received by any officer authorized by law to receive them shall be by him transmitted to the Controller who shall give the officer a receipt…
- § 8944 The Controller shall, upon demand of the board, cancel the warrants and credit the face value thereof, plus the accrued interest thereon to the date of the…
- § 8945 Partial payments on any tract in excess of any regular installment amount shall be credited to the payment of the principal amount of the assessment upon that…
- § 8946 Any and all partial payments of principal may, and upon request of the person making payment shall, be credited to the amounts charged against the tract by…