Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 6468.8 — Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property
Cal. Sts. & High. Code § 6468.8
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal…
Citator
Cal. Sts. & High. Code § 6468.8 — Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.