DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 11.1. ALTERNATIVE PROCEDURE FOR COLLECTING ASSESSMENTS AND ADVANCE RETIREMENT OF BONDS 8760-8769
§ 8768
California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California
The treasurer shall select bonds for retirement in such a way that the ratio of outstanding bonds to issued bonds shall be approximately the same in each annual series insofar as possible. Within each annual series, bonds shall be selected for retirement by lot.
(Repealed and added by Stats. 1987, Ch. 1388, Sec. 21.)
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