GroundRules
GOV § 59562
Where this section sits in the code
- Government Code - GOV
- TITLE 6. DISTRICTS [58000. - 62464.]
- DIVISION 1. GENERAL [58000. - 60375.5.]
- CHAPTER 5. Special Assessment and Bond Refunding Law of 1939 [59100. - 59674.]
- ARTICLE 15. Acquisition and Cancellation of Bonds of Consenting Bondholders [59560. - 59562.]
When the new bonds or money is delivered to the bondholders, they shall concurrently deliver to the legislative body or its representatives the original bonds which are refunded and all outstanding unpaid interest coupons, constituting the entire indebtedness of the district, which shall immediately be canceled.
Collected 2026-09-14T05:56:33Z. Source file · JSON