Statute · California Public Utilities Code
Cal. Pub. Util. Code § 22814 — Cancellation of Unsold Bonds
Cal. Pub. Util. Code § 22814
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
At the time and place designated in the notice, or at any subsequent time to which the hearing is postponed, the board of supervisors shall hear any reason that may be submitted for or against the granting of the petition. If the board of supervisors deems it for the best interest of the…
Citator
Cal. Pub. Util. Code § 22814 — Cancellation of Unsold Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
At the time and place designated in the notice, or at any subsequent time to which the hearing is postponed, the board of supervisors shall hear any reason that may be submitted for or against the granting of the petition. If the board of supervisors deems it for the best interest of the district named in the petition that the unsold bonds be canceled, it shall make and enter an order in its minutes that the unsold bonds are canceled. Thereafter the bonds and the vote by which they were authorized to be issued have no validity whatever.