Sts. & Hy. Code, § 6468.8 · Chapter 4.5. Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property
Sts. & Hy. Code, § 6468.8
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.
Notes and commentary — not statutory text
History
Added by Stats. 1972, Ch. 629.
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=SHC§ionNum=6468.8.
- Text hash
- sha256 1d5e3f17953e63f739615a3f73193ae51524ee430dbfa990a512414847adcfcb
- 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
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