GroundRules
GOV § 43850
Where this section sits in the code
- Government Code - GOV
- TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]
- DIVISION 4. FINANCIAL PROVISIONS [43000. - 43904.]
- CHAPTER 4. Bonds [43600. - 43904.]
- ARTICLE 6. Compromise [43850. - 43860.]
Whenever a city has an outstanding indebtedness evidenced by bonds the legislative body may submit to the electors of the city, at any election held for that purpose, a proposition:
(a) Declaring all or any of the bonds to be at once due and payable.
(b) Compromising the bonded indebtedness.
(c) Consenting to a judgment in favor of the bondholders.
(d) Providing for the payment of such judgment in installments.
Collected 2026-09-14T05:56:33Z. Source file · JSON