Deficiency in collections; liability of district




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4894748-947.  Deficiency in collections; liability of district

If there is a deficiency in the funds collected from special assessments by reason of the inadequacy of the method of collection adopted by the district under section 48 946, the district shall make good the deficiency, reimbursing itself from the funds collected from the installments when they are received.  If the method as prescribed by section 48 946 has not been adopted, the district may, but is not obligated to, make good a deficiency by a temporary loan out of some other fund. 48947





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