Cal. Gov. Code § 43765

Current through the 2023 Legislative Session.

Section 43765 - Statements required in ordinance

If the bonds are to be issued to acquire outstanding bonds, the ordinance shall state generally:

(a) What bonds are to be purchased or acquired.

(b) The total principal amount of such bonds.

(c) The maximum purchase price proposed to be paid for them. The maximum purchase price shall not exceed the amount stated.

Ca. Gov. Code § 43765

Added by Stats. 1949, Ch. 79.