ARTICLE 3. Lost or Destroyed Bonds
Article 3 added by Stats. 1949, Ch. 81.
§§ 53460–53466 · 7 sections
- § 53460 As used in this article: (a) “Local agency” means county, city, irrigation district, reclamation district, school district, sanitary district, or other…
- § 53461 The legislative body of a local agency may issue a new bond similar to the original to replace it if: (a) By competent proof it is made to appear to the…
- § 53462 If the legislative body refuses to issue a new bond, the owner of any lost or destroyed bond may apply to the superior court of the county in which the local…
- § 53463 The application shall be by petition a copy of which shall be served upon the legislative body not later than ten days prior to the time set for the hearing.
- § 53464 The court shall inquire into the truth of the facts stated in the petition and hear the proofs and allegations of the petition. If satisfied that the…
- § 53465 Each bond and attached coupon so issued shall state upon its face: (a) The number and denomination of the bond for which it is issued. (b) That it is issued in…
- § 53466 The undertaking required by this article, duly indorsed as approved, shall be filed in the office of the clerk or the treasurer of the issuing local agency as…