Skip to content
ChatProjectCodes

DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 10.7. BOND ANTICIPATION NOTES 8745-8746.4

§ 8745

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

The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum maturity of any bond anticipation notes, including the renewals thereof, shall not exceed three years from the date of delivery of the original notes.

(Added by Stats. 1984, Ch. 1298, Sec. 15.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Streets and Highways Code
California Streets and Highways Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.