ARTICLE 4. Cancellation of Unsold Bonds

Article 4 added by Stats. 1953, Ch. 151.

§§ 22811–22814 · 4 sections

• § 22811 If any bonds remain unsold for six months after having been offered for sale, the board of directors of the district for which the bonds were issued or of a…
• § 22812 Upon receiving a petition signed by a majority of the members of the board of directors, the board of supervisors shall fix a time for hearing the petition.…
• § 22813 The board of supervisors shall publish a notice stating the time and place of the hearing and the object of the petition in general terms, pursuant to Section…
• § 22814 At the time and place designated in the notice, or at any subsequent time to which the hearing is postponed, the board of supervisors shall hear any reason…