Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-112026-09

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

§ 9058

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

The bonds to be refunded may be deposited with the city treasurer or with any duly incorporated bank or trust company doing business in the State, which shall act as depository or escrow holder, as may be designated by contract between the city and the bondholders. The terms of the escrow shall be provided in the contract.

(Added by Stats. 1951, Ch. 463.)

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.