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

California Statutes

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

California § 6468.8.

JurisdictionCalifornia

Code SHCStreets 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

This text of California § 6468.8. (6468.8. (Added by Stats. 1972, Ch. 629.)) 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. Streets and Highways Code - SHC Code § 6468.8. (2026).

Text

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.