GroundRules
SHC § 8745
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 [8500. - 8887.]
- PART 10.7. BOND ANTICIPATION NOTES [8745. - 8746.4.]
The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum maturity of any bond anticipation notes, including the renewals thereof, shall not exceed three years from the date of delivery of the original notes.
Collected 2026-09-14T05:56:33Z. Source file · JSON