California Streets and Highways Code PART 6 - FORM AND CONTENT OF BONDS

• Section 8650.
  (a) Except as provided otherwise by the legislative body pursuant to Section 8650.1, the bonds shall be issued in series and an even annual proportion of...
• Section 8650.1.
  The legislative body, in its discretion, may determine, either (a) in the resolution of intention describing the improvement work, or (b) thereafter in any change...
• Section 8651.
  The final series of installment of the bonds shall mature and be payable on a date which shall not exceed 39 years from the second...
• Section 8651.5.
  Each bond, or any portion of the bond in a fixed amount or any integral multiple of the fixed amount, shall be subject to redemption...
• Section 8652.
  The bonds shall be substantially in the following form: United States of America State of California County of ______REGISTERED NumberREGISTERED$IMPROVEMENT BOND City (or County) of...
• Section 8653.
  The bonds shall be signed by the treasurer and the clerk of the legislative body. However, the legislative body may by order authorize the use...
• Section 8654.
  The bonds shall bear interest at the rate specified or determined in the proceedings. The bonds maturing in any year shall constitute the annual series...
• Section 8655.
  The bonds, by their issuance, shall be conclusive evidence of the regularity of all proceedings had prior thereto under this division and under the law...

Last modified: October 22, 2018