DIVISION 6. SANITARY DISTRICTS 6400-6982›PART 1. SANITARY DISTRICT ACT OF 1923 6400-6830›CHAPTER 7. Finances and Taxation 6695-6805›ARTICLE 7. Funds 6790-6801
§ 6800
California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California
Notwithstanding the provisions of any other section of this article, the board may, out of any surplus funds remaining in the bond fund, the running expense fund or the sewer construction fund, purchase in the open market its outstanding unmatured bonds.
No bonds shall be purchased at a price above par and accrued interest plus an allowance of six months interest from the date of purchase. All bonds so purchased shall be canceled.
(Added by Stats. 1939, Ch. 304.)
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