California § 6468.8. 6468.8. (Added by Stats. 1972, Ch. 629.)

California Statutes

§ 6468.8. — 6468.8. (Added by Stats. 1972, Ch. 629.)

California·Code SHC Streets and Highways Code - SHC·Div. 7. DIVISION 7. THE IMPROVEMENT ACT OF 1911·Part 5. PART 5. IMPROVEMENT BONDS·Ch. 4.5. CHAPTER 4.5. Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property

The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.

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The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.

California § 6468.8. (6468.8. (Added by Stats. 1972, Ch. 629.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.