ARTICLE 4. Destruction and Redemption of Bonds [36210. - 36215.]

Article 4 added by Stats. 1951, Ch. 390.

§§ 36210–36215 · 7 sections

• § 36210 Whenever a district has any of its unsold general obligation bonds which it is not necessary to sell for the purpose of raising funds, the board may, at a…
• § 36211 The notice of the election at which general obligation bonds are proposed to be destroyed shall specify, in addition to the requirements provided in Section…
• § 36212 If at the time the vote cast at the election is canvassed a two-thirds majority of the votes cast upon the proposition favors the destruction of the unsold…
• § 36213 The amount of the general obligation bonds destroyed shall be deducted from the total amount authorized to be issued and no part of the bonds destroyed shall…
• § 36213.1 If the unsold general obligation bonds shall not have been printed, the election provided for in this article shall be called and held to determine whether the…
• § 36214 Whenever the funds of the district are in excess of the amount necessary to complete the construction of the irrigation works or to acquire the property and…
• § 36215 The provisions of Sections 36303, 36304, 36305 and 36348 shall also be applicable to general obligation bonds.