California Government Code

§ 43762

GOV § 43762Div. 4 · Title 4 · Ch. 4 · Art. 4

Statute text

It is the intent of the Legislature in adopting this article that the acquisition of such bonds or investments of the general improvement fund shall be for any or all of the following purposes:

(a)Aiding or facilitating the making of needed public improvements in the city.

(b)Limiting or preventing such increasing of district taxes or assessments as may impair the general tax revenues of the city from any district.

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Legislative history

Added by Stats. 1949, Ch. 79.