California Statutes
§ 6800. — 6800. (Added by Stats. 1939, Ch. 304.)
California·Code HSC Health and Safety Code - HSC·Div. 6. DIVISION 6. SANITARY DISTRICTS·Part 1. PART 1. SANITARY DISTRICT ACT OF 1923·Ch. 7. CHAPTER 7. Finances and Taxation·Art. 7. ARTICLE 7. Funds
Notwithstanding the provisions of any other section of this article, the board may, out of any surplus funds remaining in the bond fund, the running expense fund or the sewer construction fund, purchase in the open market its outstanding unmatured bonds.
No bonds shall be purchased at a price above par and accrued interest plus an allowance of six months interest from the date of purchase. All bonds so purchased shall be canceled.
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California § 6800. (6800. (Added by Stats. 1939, Ch. 304.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1939, Ch. 304.