If the legislative body makes all or part of such advancement it may reimburse the local agency of which it is the legislative body, entirely or partially by taking all or part of such new bonds at par.
(Added by Stats. 1951, Ch. 331.)
Section 59593
Gov. Code § 59593, under Acquisition and Cancellation of Bonds of Nonconsenting Bondholders.
Gov. Code § 59593