Statute · California Government Code
Cal. Gov't Code § 29961 — Special Improvement Bonds
Cal. Gov't Code § 29961
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board may sell any of the bonds purchased by it at a price not less than that paid. The purchase price of any bonds so sold and the accrued interest thereon shall be placed in the general improvement fund and may be reinvested in bonds, except where such reinvestment is not permitted.
Citator
Cal. Gov't Code § 29961 — Special Improvement Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The board may sell any of the bonds purchased by it at a price not less than that paid. The purchase price of any bonds so sold and the accrued interest thereon shall be placed in the general improvement fund and may be reinvested in bonds, except where such reinvestment is not permitted.