DIVISION 7. THE IMPROVEMENT ACT OF 1911 5000-6794›PART 5. IMPROVEMENT BONDS 6400-6640›CHAPTER 4. Form and Content of Bonds 6460-6467.3

§ 6467.2

California Streets and Highways Code · 2018-11 edition · updated 2026-10-04 · California

The certificates shall have annual principal coupons attached to them payable in annual order, the first of which shall be payable not later than June 2, beginning with the fiscal year next following the date of the certificate until all are paid. Each principal coupon shall be for an even annual proportion of the principal of the certificate.

(Added by Stats. 1969, Ch. 513.)

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California Streets and Highways Code

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