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
§ 9061
California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California
If the owners of 75 percent or more of the principal amount of the outstanding bonds of any issue join in the contract or contracts, the city may proceed under this division to refund all of the bonds of that issue.
(Added by Stats. 1951, Ch. 463.)
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