ARTICLE 4. Payment of Unauthorized Indebtedness [30000. - 30004.]

Article 4 added by Stats. 1947, Ch. 424.

§§ 30000–30004 · 5 sections

• § 30000 If it appears to the satisfaction of the board of supervisors that the county is justly indebted to any person for money received into the treasury of the…
• § 30001 The board shall publish a notice calling an election, submitting to the voters of the county the question whether the bonds shall be issued. The notice shall…
• § 30002 If two-thirds of all the voters voting at the election vote in favor of issuing the bonds, the board shall issue bonds in the sum stated in the notice of…
• § 30003 The bonds shall bear interest at the rate of 5 percent a year and be payable at the time as the board orders, not exceeding 20 years from date of issuance. The…
• § 30004 Each year the board shall levy a tax sufficient to pay the annual interest on the bonds and the principal as it becomes due.