California Government Code

§ 29964

GOV § 29964Div. 3 · Title 3 · Ch. 6 · Art. 3

Statute text

The ordinance shall designate the issue of bonds to be reduced, the total principal amount of the issue acquired, the purchase price paid, the principal amount of the proposed reduction, the numbers, denominations, maturity dates of the bonds to be canceled, and the time and place of the proposed cancellation. The ordinance is subject to referendum.

Legislative history

Added by Stats. 1947, Ch. 424.