Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 9050 — Authority to Refund
Cal. Sts. & High. Code § 9050
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Whenever any principal or interest of any issue of bonds issued under the “Improvement Bond Act of 1915” is past due and unpaid because of delinquency in the payment of assessments, the legislative body of the city in which the property assessed lies may determine by resolution that the public…
Citator
Cal. Sts. & High. Code § 9050 — Authority to Refund is in force in the current edition of the Code, and nothing recorded condemns it.
Whenever any principal or interest of any issue of bonds issued under the “Improvement Bond Act of 1915” is past due and unpaid because of delinquency in the payment of assessments, the legislative body of the city in which the property assessed lies may determine by resolution that the public interest or necessity requires the refunding of such issue of bonds, and declare its intention to refund the bonds.