Callable bonds may be redeemed in addition to other methods permitted in the following manner:
(a) In numerical order or by lot as prescribed in the resolution.
(b) On any interest payment date prior to their fixed maturity.
(c) At not exceeding their par value and accrued interest or on the terms provided in the resolution.
(Amended by Stats. 1943, Ch. 1054.)
Last modified: October 25, 2018