Gov. Code, § 53461 · Article 3. Lost or Destroyed Bonds
Gov. Code, § 53461
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The legislative body of a local agency may issue a new bond similar to the original to replace it if:
(a) By competent proof it is made to appear to the legislative body that a bond issued by the local agency is lost or destroyed.
(b) The owner gives an undertaking approved by the legislative body to indemnify the local agency against any loss incurred on account of the bond.
(c) The owner pays all cost of the issuance of the new bond.
Notes and commentary — not statutory text
History
Amended by Stats. 1982, Ch. 517, Sec. 257.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53461.
- Text hash
- sha256 f2ca217caf25a51957a9d92279e8dba72c00293f63254daace155ddaa7dff1f1
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.