ARTICLE 4. Installments Called to Pay Bonds

Article 4 added by Stats. 1951, Ch. 336.

§§ 51560–51563 · 4 sections

• § 51560 The installment of an assessment called to pay principal or interest on bonds pursuant to Section 51420 may be paid in cash or in bonds of the district, or…
• § 51561 Bonds and interest coupons received in payment for the assessment shall be accepted at face value.
• § 51562 Any bond or coupon received in payment for such an installment shall be canceled forthwith by the county treasurer and filed in his office.
• § 51563 Any part of the installment or any interest thereon which is unpaid at the expiration of 30 days from the date of the notice calling the installment, is…