California § 9403 - Refunding bonds issued pursuant to this division shall comply with the following
Full text of California Public Contract Code - PCC § 9403 — Refunding bonds issued pursuant to this division shall comply with the following, with citation guidance and answers to common questions.
§ 9403. Refunding bonds issued pursuant to this division shall comply with the following
Refunding bonds issued pursuant to this division shall comply with the following requirements: (a) Bonds shall be in such denominations as the legislative body may determine. (b) Bonds shall be payable to bearer. (c) The date of the bonds shall be the date of the recording of the reassessment. (d) Bonds shall be signed by the mayor or other chief executive of the city and by the city treasurer, and attested by the city clerk, the seal of the city affixed thereto. (e) Bonds shall be numbered consecutively and shall bear interest and mature as provided in the contract with the bondholders. (f) The coupons affixed to the bonds shall be signed by the city treasurer by his printed, lithographed, or engraved facsimile signature. (g) At least the first two maturing interest coupons on the bonds must be at a rate of interest less than the interest rate on the bonds to be refunded.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 9403
What does Public Contract Code - PCC § 9403 cover?
Section 9403 ("Refunding bonds issued pursuant to this division shall comply with the following") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9403?
A common citation format is "Public Contract Code - PCC § 9403" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.