When the legislative body determines that serial bonds shall be issued to represent the expenses of any proposed work under this division, it shall so declare in the resolution of intention to do the work, and shall specify the rate of interest which the bonds shall bear.
Cal. Sts. & High. Code § 6403
Determination to Issue Bonds
Known as the Improvement Act
The act spans §§ 5000–6794 (521 sections).
Added by Stats. 1941, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.