California Revenue and Taxation Code 8519 – The principal of, and interest on, the bonds shall be payable in …
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The principal of, and interest on, the bonds shall be payable in lawful money of the United States at the office of the treasurer of the commission, or at other places as may be designated, or at both the office and other places at the option of the holders of the bonds.
(Added by Stats. 1997, Ch. 878, Sec. 1. Effective January 1, 1998.)
Terms Used In California Revenue and Taxation Code 8519
- Bonds: means indebtedness and securities of any kind or class, including bonds, notes, bond anticipation notes, and commercial paper. See California Revenue and Taxation Code 8501
- Commission: means the Metropolitan Transportation Commission created by Title 7. See California Revenue and Taxation Code 8501