Cal. Ed. Code § 18552

Current through the 2023 Legislative Session.
Section 18552 - Order to cancel unsold bonds

At the time and place designated in the notice for hearing the petition, or at any subsequent time to which the hearing may be postponed, the supervisors shall hear any reasons that may be submitted for or against the granting of the petition, and if they deem it for the best interests of the library district named in the petition that the unsold bonds be canceled, they shall make and enter an order in the minutes of their proceedings that the unsold bonds be canceled.

Ca. Educ. Code § 18552

Enacted by Stats. 1976, Ch. 1010.