Code Section

Government Code - GOV

TITLE 6. DISTRICTS [58000 - 62312]

  ( Title 6 added by Stats. 1951, Ch. 331. )
  

DIVISION 1. GENERAL [58000 - 60375.5]

  ( Heading of Division 1 renumbered from Division 2 by Stats. 1987, Ch. 56, Sec. 88. )
  

CHAPTER 5. Special Assessment and Bond Refunding Law of 1939 [59100 - 59674]

  ( Chapter 5 added by Stats. 1951, Ch. 331. )
  

ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders [59590 - 59598]
  ( Article 16 added by Stats. 1951, Ch. 331. )

  
59597.  

If the proposals or contract with the bondholders so provides, the legislative body may sell all of the new bonds for cash and pay the bondholders in cash at a price to be fixed in the proposals or contract.

(Added by Stats. 1951, Ch. 331.)