California Statutes
§ 8708. — 8708. (Added by renumbering Section 8705 by Stats. 1963, Ch. 1465.)
California § 8708.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 10.DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915
Part 9.PART 9. ASSESSMENT LIENS AND REASSESSMENTS
This text of California § 8708. (8708. (Added by renumbering Section 8705 by Stats. 1963, Ch. 1465.)) 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 § 8708. (2026).
Text
Upon the surrender of the outstanding bonds, the new bonds shall be issued ratably to the holders of the original outstanding bonds. Each holder of such original bonds shall be entitled to such proportion of the new bonds as the total amount of the principal and interest due him on his original bonds, upon the date of the recordation of the reassessment, bears to the total amount of the principal of the new bonds. In making distribution the legislative body may assign the different bonds and allot maturities in such manner as to it shall seem equitable.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by renumbering Section 8705 by Stats. 1963, Ch. 1465.
Cite This Page — Counsel Stack
Bluebook (online)
California § 8708., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/8708..