California Education Code ARTICLE 14 - Cancellation of Bonds

• Section 18550.
  Whenever any bonds issued under the provisions of this chapter remain unsold for the period of six months after having been offered for sale in...
• Section 18551.
  Upon receiving the petition, signed by a majority of the members of the board of trustees, the supervisors shall fix a time for hearing the...
• Section 18552.
  At the time and place designated in the notice for hearing the petition, or at any subsequent time to which the hearing may be postponed,...
• Section 18553.
  Thereupon the bonds and the vote by which they were authorized to be issued, shall cease to be of any validity whatever.(Enacted by Stats. 1976,...

Last modified: October 22, 2018