Streets and Highways Code section 9450

Whenever there is in the redemption fund two thousand dollars ($2,000) or more available for the payment of principal of bonds, and not collected for the purpose of paying the principal of bonds maturing on the next second day of July, the city shall purchase or call bonds as provided in this chapter.

Source: Section 9450, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=9450. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 9450’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_9450

Original Source: Section 9450, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=9450. (last accessed Apr. 24, 2025).