California Legal Codes and Statutes

§ 54401

Added by Stats. 1949, Ch. 81.

If the legislative body divides any issue of bonds into series, it may prescribe, and state in the resolution, different dates for the bonds of each series. The maximum maturity date of each series shall be calculated from the date on the face of each bond separately.

Cite this section

Cal. Gov. Code § 54401 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-6-revenue-bond-law-of-1941/article-4-provisions-relating-to-bonds/section-54401

Other sections in Article 4 - Provisions Relating to Bonds

§ 54400§ 54401§ 54402§ 54403§ 54404§ 54405§ 54406§ 54407§ 54408§ 54409…§ 54424§ 54425§ 54426§ 54427§ 54428§ 54429§ 54430§ 54431§ 54432§ 54435

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.