Statute · California Government Code
Cal. Gov't Code § 59273 — Notice to Bondholders of Proposed Refunding and Invitation for Proposals
Cal. Gov't Code § 59273
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the notice the legislative body shall invite the holders of the original bonds to submit to it one or more written proposals stating the terms upon which they will deliver their bonds for cancellation to the legislative body or to any official it designates in consideration for any one of the…
Citator
Cal. Gov't Code § 59273 — Notice to Bondholders of Proposed Refunding and Invitation for Proposals is in force in the current edition of the Code, and nothing recorded condemns it.
In the notice the legislative body shall invite the holders of the original bonds to submit to it one or more written proposals stating the terms upon which they will deliver their bonds for cancellation to the legislative body or to any official it designates in consideration for any one of the following:
(a) Delivery of new bonds against the district described in the resolution of intention.
(b) A cash sum to be specified in the proposal.
(c) The delivery and payment of any combination of such bonds and cash specified in the proposal.