DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 7. City Attorney 41801-41805›ARTICLE 6. Compromise 43850-43860
§ 43852
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The notice of election shall state:
(a) The bonded indebtedness which it is proposed to declare at once due and payable.
(b) The terms of the proposed compromise.
(c) The terms of the proposed judgment by consent in favor of the bondholders.
(d) The proposed method of paying the judgment in installments.
(Added by Stats. 1949, Ch. 79.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code