California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 3. GOVERNMENT OF COUNTIES |
Division 3. FINANCIAL PROVISIONS |
Chapter 6. Bonds |
ARTICLE 3. Special Improvement Bonds |
Section 29969.
Latest version.
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If the entire issue of bonds is to mature at one time, such bonds may be called for redemption in numerical order at par and accrued interest on any interest-payment date prior to their fixed maturity, and a statement to that effect shall be set forth in each bond. No bond shall be callable or redeemable prior to its fixed maturity date, unless a statement that the bond is callable is contained in the bond.
(Added by Stats. 1947, Ch. 424.)