BlackletterCalifornia law

Government Code § 43852

ARTICLE 6. Compromise

Current as of September 28, 2026Gov. Code, § 43852Official source ↗

Added by Stats. 1949, Ch. 79.

The notice of election shall state:

(a) The bonded indebtedness which it is proposed to declare at once due and payable.

(b) The terms of the proposed compromise.

(c) The terms of the proposed judgment by consent in favor of the bondholders.

(d) The proposed method of paying the judgment in installments.