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Current as of January 01, 2025 | Updated by Findlaw Staff
To the extent to which moneys are in the treasury from a source other than the annual tax levy required by Section 7260 and are set apart for the payment of principal of and interest on indebtedness as provided in Section 7260, the tax therein required may be reduced.
Cite this article: FindLaw.com - California Code, Harbors and Navigation Code - HNC § 7261 - last updated January 01, 2025 | https://codes.findlaw.com/ca/harbors-and-navigation-code/hnc-sect-7261/
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