The legislative body may provide in the resolution of intention, along with its determination to issue bonds, that the bonds shall be divisible pursuant to this chapter. This chapter shall apply only if it is clearly stated on the bond that it is divisible pursuant to this chapter.
Cal. Sts. & High. Code § 6490.5
Alternative Procedure for Division of Land and Bond
Known as the Improvement Act
The act spans §§ 5000–6794 (521 sections).
Added by Stats. 1986, Ch. 874, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.