Statute · California Government Code
Cal. Gov't Code § 43779 — Investment Bond Act of 1909
Cal. Gov't Code § 43779
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the bonds canceled are issued under the Improvement Bond Act of 1915, the legislative body shall reduce the principal amount of the assessments securing the bonds to the total principal amount of the unpaid and uncanceled bonds of the same issue.
Citator
Cal. Gov't Code § 43779 — Investment Bond Act of 1909 is in force in the current edition of the Code, and nothing recorded condemns it.
If the bonds canceled are issued under the Improvement Bond Act of 1915, the legislative body shall reduce the principal amount of the assessments securing the bonds to the total principal amount of the unpaid and uncanceled bonds of the same issue.