DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” 9000-9481›CHAPTER 2. Preliminary Proceedings 9050-9081›ARTICLE 2. Consent of Bondholders 9055-9061
§ 9055
California Streets and Highways Code · 2018-11 edition · updated 2026-10-04 · California
The legislative body may enter into a written contract or contracts with the owner or owners of such bonds and provide therein for the cancellation of the outstanding bonds and coupons and the issuance of refunding bonds therefor, subject to the provisions of this division.
(Added by Stats. 1951, Ch. 463.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code