§ 8623
63 words·~1 min read·
/ca/streets-and-highways-code/8623A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The bonds shall be immediately delivered to the contractor or its assigns in satisfaction of the balance due upon the assessment and warrant if the assessment was levied under the Improvement Act of 1911, or, if the assessment was levied under the Municipal Improvement Act of 1913 or other law, the bonds shall be sold in the manner determined by the legislative body.