California Government Code

§ 53606

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

GOV § 53606Div. 2 · Title 5 · Part 1 · Ch. 4 · Art. 1

Statute text

View on leginfo.ca.gov

The bonds purchased, which were issued by the purchaser, may be canceled either in satisfaction or sinking fund obligations or otherwise. When canceled, they are no longer outstanding, unless in its discretion, the legislative body holds then uncanceled. While held uncanceled, the bonds may be resold.

Legislative history

Added by Stats. 1949, Ch. 81.