California Government Code 43779 – If the bonds canceled are issued under the Improvement Bond Act of …
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If the bonds canceled are issued under the Improvement Bond Act of 1915, the legislative body shall reduce the principal amount of the assessments securing the bonds to the total principal amount of the unpaid and uncanceled bonds of the same issue.
(Added by Stats. 1949, Ch. 79.)
Terms Used In California Government Code 43779
- legislative body: means board of trustees, city council, or other governing body of a city. See California Government Code 34000