California Legal Codes and Statutes

§ 8768

Repealed and added by Stats. 1987, Ch. 1388, Sec. 21.

The treasurer shall select bonds for retirement in such a way that the ratio of outstanding bonds to issued bonds shall be approximately the same in each annual series insofar as possible. Within each annual series, bonds shall be selected for retirement by lot.

Cite this section

Cal. Sts. & High. Code § 8768 (2026)
https://ca.codecond.com/codes/shc/division-10-the-improvement-bond-act-of-1915/part-11-1-alternative-procedure-for-collecting-assessments-and-advance-retirement-of-bonds/section-8768

Other sections in Part 11.1 - ALTERNATIVE PROCEDURE FOR COLLECTING ASSESSMENTS AND ADVANCE RETIREMENT OF BONDS

§ 8760§ 8766§ 8766.5§ 8767§ 8768§ 8769

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