California Statutes

§ 6939.8. — 6939.8. (Added by Stats. 1961, Ch. 1457.)

California § 6939.8.
JurisdictionCalifornia
Code HNCHarbors and Navigation Code - HNC
Div. 8.DIVISION 8. HARBOR AND PORT DISTRICTS
Part 6.General Provisions
Ch. 4.CHAPTER 4. Bonds
Art. 4.ARTICLE 4. Additional Sacramento-Yolo Port District Bonds

This text of California § 6939.8. (6939.8. (Added by Stats. 1961, Ch. 1457.)) 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. Harbors and Navigation Code - HNC Code § 6939.8. (2026).

Text

The bonds may be issued in such denominations as the board determines, except that no bond shall be of a denomination less than one hundred dollars ($100) nor of a greater denomination than one thousand dollars ($1,000). The bonds shall be payable on the day and at the place or places fixed in such bonds, with interest at the rate specified in the bonds, which rate shall not be in excess of 6 percent per annum of the face amount, payable annually or semiannually. The board may provide for redemption of any bonds before maturity at prices and upon terms and conditions determined by it. A bond shall not be subject to call or redemption prior to maturity unless it contains a recital on its face to that effect.

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Legislative History

Added by Stats. 1961, Ch. 1457.

Nearby Sections

15
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