There is a newer version
of
this Section
2019 California Code
Streets and Highways Code - SHC
DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915
PART 3 - DETERMINATION TO ISSUE BONDS
Section 8573.
Universal Citation: CA St & Hwy Code § 8573 (2019)
8573.
The bond declaration in the resolution of intention, assessment, and notice of recording the assessment may be substantially in the following form:
“Notice is hereby given that serial bonds to represent unpaid assessments, and to bear interest at the rate of not to exceed ____ percent per annum, will be issued hereunder in the manner provided by Division 10 of the Streets and Highways Code, the Improvement Bond Act of 1915, and the last installment of such bonds shall mature ____ years from the second day of September next succeeding 12 months from their date.”
(Amended by Stats. 1985, Ch. 65, Sec. 1. Effective June 6, 1985.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
