Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 8745 — BOND ANTICIPATION NOTES
Cal. Sts. & High. Code § 8745
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum…
Citator
Cal. Sts. & High. Code § 8745 — BOND ANTICIPATION NOTES is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum maturity of any bond anticipation notes, including the renewals thereof, shall not exceed three years from the date of delivery of the original notes.