Streets and Highways Code section 8768

The treasurer shall select bonds for retirement in such a way that the ratio of outstanding bonds to issued bonds shall be approximately the same in each annual series insofar as possible. Within each annual series, bonds shall be selected for retirement by lot.

Source: Section 8768, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=8768. (accessed May 14, 2025).

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Last Updated

May 12, 2025

§ 8768’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_8768

Original Source: Section 8768, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=8768. (last accessed May 12, 2025).