Section 57502 Of Chapter 8. Effect Of Consolidation Of Districts From California Government Code >> Division 3. >> Title 5. >> Part 5. >> Chapter 8.
57502
. The territory of a consolidated district shall be liable for
payment of principal, interest, and any other amounts which become
due on account of any outstanding or then authorized but thereafter
issued bonds, including revenue bonds, or other contracts or
obligations of all predecessor districts, and are subject to the
levying or fixing and collection of any of the following which may be
necessary to provide for payment:
(a) Taxes or assessments.
(b) Service charges, rentals, or rates.
(c) Both taxes or assessments and service charges, rentals, or
rates.
However, only the territory within an improvement district shall
be liable for any payment required on account of any bonds, including
revenue bonds, or other contracts previously authorized or issued
by, or on behalf of, the improvement district.