Cal. SHC § 8771
This is the official text of Cal. SHC § 8771, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
On receipt of the report, the legislative body shall fix a date for hearing thereon. The clerk shall give notice of the hearing by posting for 10 days. At the hearing the legislative body shall determine whether in its judgment there will ultimately be insufficient money in the redemption fund to discharge the unpaid bonds and interest. If it determines that in its judgment there will be no such shortage, it shall direct the treasurer to pay matured bonds and interest as long as there is available money in the redemption fund.
Status: in_force · Read it on the official government site
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