DIVISION 2. OTHER TAXES 6001-61050›PART 2. MOTOR VEHICLE FUEL TAX LAW 7301-8526›CHAPTER 12. Metropolitan Transportation Commission 8500-8526
§ 8518
California Revenue and Taxation Code · 2026-09 edition · updated 2026-10-03 · California
In the resolution authorizing the issuance of the bonds, the commission may also provide for the call and redemption of the bonds prior to maturity at the times and prices and upon other terms as specified. However, no bond is subject to call or redemption prior to maturity, unless it contains a recital to that effect or unless a statement to that effect is printed.
(Added by Stats. 1997, Ch. 878, Sec. 1. Effective January 1, 1998.)
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