DIVISION 7. THE IMPROVEMENT ACT OF 1911 5000-6794›PART 5. IMPROVEMENT BONDS 6400-6640›CHAPTER 5. Division of Land and Bond 6480-6488
§ 6487
California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California
No new bond shall be issued when the apportioned amount is less than fifty dollars ($50). If it is less, the apportioned amount shall be paid to the treasurer in cash for the benefit of the holder of the existing bond at or prior to the time of filing the application referred to in Section 6483.
(Amended by Stats. 1963, Ch. 631.)
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