California Streets and Highways Code 25408 – The revenue bonds shall be issued and sold by the board of directors …
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The revenue bonds shall be issued and sold by the board of directors at such times and manner and in such amounts as may be required to meet the demands of the district as may be determined by the board of directors or they may be delivered to any contractor performing any work for the district, at par, in satisfaction of any sum due upon his contract.
(Added by Stats. 1943, Ch. 284.)
Terms Used In California Streets and Highways Code 25408
- Contract: A legal written agreement that becomes binding when signed.