California Statutes

§ 43900. — 43900. (Added by Stats. 1949, Ch. 79.)

California § 43900.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 4.DIVISION 4. FINANCIAL PROVISIONS
Ch. 4.CHAPTER 4. Bonds
Art. 8.ARTICLE 8. Destruction of Unsold Bonds

This text of California § 43900. (43900. (Added by Stats. 1949, Ch. 79.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 43900. (2026).

Text

The legislative body of any city may destroy any bonds remaining in the possession of the city if:

(a)The bonds were voted to be issued for municipal purposes.
(b)The bonds have been executed but not sold and disposed of.
(c)The sale and disposal of the bonds is deemed by the legislative body to have become inexpedient, and their destruction desirable.

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Legislative History

Added by Stats. 1949, Ch. 79.
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