Cal. SHC § 9072
This is the official text of Cal. SHC § 9072, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
If any person advances money to provide for the payment or retirement of the bonds of nonconsenting holders the legislative body may deliver at par all or any portion of the refunding bonds which are not to be delivered to consenting bondholders to the person making such advance or advances, or may sell at par all or any part of the refunding bonds not to be delivered to consenting bondholders and from the proceeds thereof reimburse such person, and may contract to make such sale or delivery.
Status: in_force · Read it on the official government site
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