CHAPTER 8. The Bond Issue [8205. - 8210.]

Chapter 8 added by Stats. 1949, Ch. 1147.

§§ 8205–8210 · 6 sections

• § 8205 All bonds shall be issued in such denominations as the commission may determine, except that they shall be not less than one hundred dollars ($100) nor more…
• § 8206 All bonds shall be payable in lawful money of the United States at the office of the county treasurer of the county, and shall bear interest at a rate not to…
• § 8207 The bonds shall be signed by the president and countersigned by the secretary of the commission. They shall be numbered consecutively in the order of their…
• § 8208 The bonds may be sold by the commission in such manner and such quantities as it may determine, but no bond shall be sold for less than its face value.
• § 8209 The proceeds of the sale of the bonds shall be deposited with the county treasurer and shall be placed by him in a fund in the county treasury to be called the…
• § 8210 The bonds shall be legal investment: for all trust funds; the funds of all insurance companies, banks, and trust companies; the state school funds, and for all…