Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9450 — Advance Retirement of Bonds

Cal. Sts. & High. Code § 9450

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Whenever there is in the redemption fund two thousand dollars ($2,000) or more available for the payment of principal of bonds, and not collected for the purpose of paying the principal of bonds maturing on the next second day of July, the city shall purchase or call bonds as provided in this…

Citator

Cal. Sts. & High. Code § 9450 — Advance Retirement of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever there is in the redemption fund two thousand dollars ($2,000) or more available for the payment of principal of bonds, and not collected for the purpose of paying the principal of bonds maturing on the next second day of July, the city shall purchase or call bonds as provided in this chapter.