ARTICLE 3. Bondholders’ Assent to Exclusion

Article 3 added by Stats. 1951, Ch. 391.

§§ 48055–48057 · 3 sections

• § 48055 If there are outstanding bonds of the district at the time of the filing of the exclusion petition, the holders of the outstanding bonds may give their assent,…
• § 48056 The assent shall be acknowledged by the several holders of the bonds, and the acknowledgment shall have the same force and effect as evidence as the…
• § 48057 The assent shall be filed with the board and be recorded in its minutes. The minutes, or a copy thereof, certified by the board, shall be admissible in…