California Streets and Highways Code 9162 – Outstanding bonds payable serially as the assessments are payable, …
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Outstanding bonds payable serially as the assessments are payable, and in principal amount equal to the principal of the assessments included in written notices given pursuant to this chapter shall not be canceled in the refunding proceeding but, with interest, shall be payable as provided in the original proceedings.
(Added by Stats. 1951, Ch. 463.)