California Statutes
§ 8771. — 8771. (Amended by Stats. 1985, Ch. 65, Sec. 24.)
California § 8771.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 10.DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915
Part 12.PART 12. REDEMPTION FUND DEFICIENCIES
This text of California § 8771. (8771. (Amended by Stats. 1985, Ch. 65, Sec. 24.)) 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 § 8771. (2026).
Text
On receipt of the report, the legislative body shall fix a date for hearing thereon. The clerk shall give notice of the hearing by posting for 10 days. At the hearing the legislative body shall determine whether in its judgment there will ultimately be insufficient money in the redemption fund to discharge the unpaid bonds and interest. If it determines that in its judgment there will be no such shortage, it shall direct the treasurer to pay matured bonds and interest as long as there is available money in the redemption fund.
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Legislative History
Amended by Stats. 1985, Ch. 65, Sec. 24. Effective June 6, 1985.
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