Section 9162 Of Chapter 4. Election Of Landowners To Pay Original Assessment From California Streets And Highways Code >> Division 11. >> Chapter 4.

. Outstanding bonds payable serially as the assessments are payable, and in principal amount equal to the principal of the assessments included in written notices given pursuant to this chapter shall not be canceled in the refunding proceeding but, with interest, shall be payable as provided in the original proceedings.