California Statutes
§ 43781. — 43781. (Added by Stats. 1949, Ch. 79.)
California·Code GOV Government Code - GOV·Div. 4.·Title 4. DIVISION 4. FINANCIAL PROVISIONS·Ch. 4. CHAPTER 4. Bonds·Art. 4. ARTICLE 4. Investment Bond Act of 1909
When the legislative body of any city has acquired any district bonds pursuant to this article, it may, as an alternative to the procedure prescribed in Sections 43775 to 43780, inclusive, cancel all or any of such district bonds, if in its opinion the public interest and welfare will be better served by such cancellation than by enforcing the lien securing the bonds.
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California § 43781. (43781. (Added by Stats. 1949, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1949, Ch. 79.