California Streets and Highways Code 27243 – Prior to the preparation of definitive bonds the board may issue …
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Prior to the preparation of definitive bonds the board may issue temporary bonds of any denomination and with or without coupons and subject to the same restrictions imposed upon the issuance of definitive bonds. Temporary bonds shall be exchangeable for definitive bonds upon the issuance of the latter.
(Added by Stats. 1943, Ch. 286.)
Terms Used In California Streets and Highways Code 27243
- board: means the board of directors of the district unless the context clearly indicates otherwise. See California Streets and Highways Code 27002