Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 8518 — Metropolitan Transportation Commission

Cal. Rev. & Tax. Code § 8518

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1998-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

In the resolution authorizing the issuance of the bonds, the commission may also provide for the call and redemption of the bonds prior to maturity at the times and prices and upon other terms as specified. However, no bond is subject to call or redemption prior to maturity, unless it contains a…

Citator

Cal. Rev. & Tax. Code § 8518 — Metropolitan Transportation Commission is in force in the current edition of the Code, and nothing recorded condemns it.

In the resolution authorizing the issuance of the bonds, the commission may also provide for the call and redemption of the bonds prior to maturity at the times and prices and upon other terms as specified. However, no bond is subject to call or redemption prior to maturity, unless it contains a recital to that effect or unless a statement to that effect is printed.