California Legal Codes and Statutes

§ 43777

Added by Stats. 1949, Ch. 79.

The ordinance is subject to referendum as other ordinances and shall designate:

(a)The issue of bonds to be reduced.
(b)The total principal amount of the issue acquired.
(c)The purchase price paid for the bonds.
(d)The principal amount of the proposed reduction.
(e)The numbers, denominations, and maturity dates of the bonds to be canceled.
(f)The time and place of the proposed cancellation.

Cite this section

Cal. Gov. Code § 43777 (2026)
https://ca.codecond.com/codes/gov/title-4-government-of-cities/division-4-financial-provisions/chapter-4-bonds/article-4-investment-bond-act-of-1909/section-43777

Other sections in Article 4 - Investment Bond Act of 1909

§ 43760§ 43761§ 43762§ 43763§ 43764§ 43765§ 43766§ 43767§ 43768§ 43769…§ 43788§ 43789§ 43790§ 43791§ 43792§ 43793§ 43794§ 43795§ 43796§ 43797

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.