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Cal. Gov. Code § 59272

Notice to Bondholders of Proposed Refunding and Invitation for Proposals

Known as the Special Assessment and Bond Refunding Law

The act spans §§ 59100–59674 (167 sections).

Added by Stats. 1951, Ch. 331.

The notice shall briefly set forth:

(a) The fact of the adoption of the resolution of intention pursuant to this chapter.

(b) Its date.

(c) The purpose of the proceeding indicated in the resolution.

(d) A reference to the resolution for further particulars.

(e) The maximum amount for which and the character of the proposed new bonds.

(f) The maximum term of the bonds.

(g) The maximum rate of interest to be paid on them.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.