California Streets and Highways Code

§ 5325

SHC § 5325Div. 7 · Part 3 · Ch. 14

Statute text

If the State of California or such department thereof does not pay the amount of money assessed within 30 days after the effective date of the legislation making the appropriation to pay the assessment, the amount of money assessed shall bear interest at the rate of 6 percent per annum until paid, commencing with the 31st day after the effective date of such appropriation.

Legislative history

Added by Stats. 1969, Ch. 1219.