Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-112026-09

DIVISION 7. THE IMPROVEMENT ACT OF 1911 5000-6794›PART 5. IMPROVEMENT BONDS 6400-6640›CHAPTER 4.5. Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property 6468-6468.8

§ 6468.8

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

The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.

(Added by Stats. 1972, Ch. 629.)

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.