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Section 25377 Of Chapter 16. General Bond Provisions From California Streets And Highways Code >> Division 16. >> Part 1. >> Chapter 16.
25377
. The taxable property within any county shall not at any time
be obligated for all joint highway district purposes, in any amount
in excess of the following limitations:
(a) In counties having a total assessed value of all taxable property therein of one hundred million dollars ($100,000,000) or less, not more than 3 per cent thereof.
(b) In counties having a total assessed value of all taxable property therein of more than one hundred million dollars ($100,000,000), not more than 2 per cent thereof.
(a) In counties having a total assessed value of all taxable property therein of one hundred million dollars ($100,000,000) or less, not more than 3 per cent thereof.
(b) In counties having a total assessed value of all taxable property therein of more than one hundred million dollars ($100,000,000), not more than 2 per cent thereof.
