California Government Code 16735 – Each bond shall contain a reference to the bond act, and if subject …
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Each bond shall contain a reference to the bond act, and if subject to call, tender, or redemption prior to maturity, a recital to that effect.
(Amended by Stats. 2009, Ch. 205, Sec. 4. (SB 826) Effective January 1, 2010.)
Terms Used In California Government Code 16735
- Bond: means a state general obligation bond issued pursuant to an act adopting the provisions of this chapter. See California Government Code 16722
- Bond act: means the act authorizing the issuance of state general obligation bonds and adopting this chapter by reference. See California Government Code 16722
- Tender: means a term of a bond that gives the holder the right to have the bond purchased from the holder at a predetermined price prior to maturity. See California Government Code 16722