347 chapters · 4,626 sections in this title.
Sts. & High. Code § 9055 Section 9055
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The legislative body may enter into a written contract or contracts with the owner or owners of such bonds and provide therein for the cancellation of the outstanding bonds and coupons and the issuance of refunding bonds therefor, subject to the provisions of this division. (Adde…
Sts. & High. Code § 9056 Section 9056
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When any bond is presented by any person to the legislative body for refunding, such person shall be deemed the owner thereof, and the legislative body may enter into a written contract or contracts to provide for the refunding of the bond. (Added by Stats. 1951, Ch. 463.)
Sts. & High. Code § 9057 Section 9057
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The contract or contracts shall determine the terms and conditions upon which the outstanding bonds shall be exchanged for the refunding bonds. (Added by Stats. 1951, Ch. 463.)
Sts. & High. Code § 9058 Section 9058
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The bonds to be refunded may be deposited with the city treasurer or with any duly incorporated bank or trust company doing business in the State, which shall act as depository or escrow holder, as may be designated by contract between the city and the bondholders. The terms of t…