reglab/housing_qa huggingface dataset:
CA St & Hwy Code § 6443 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6443.

6443.  At least 15 days before each respective 15th day of April and October, until the assessment is paid in full, the treasurer shall mail, postage prepaid, to each owner of property described in the assessment, at his last known address, as appears upon the tax rolls current at the time of mailing, a postal card notifying him of the amount due and the date when payment is due from him on the assessment and statng that the payment is subject to penalty if not paid on or prior to the due date. The failure of the treasurer to mail the card, or the failure of the property owner to receive it, shall not affect the validity of any penalty or invalidate any act or proceeding. The card shall contain the following in at least 14-point boldface type:If you do not pay this bill, at the request of the bondholder, your property will be sold by the treasurer.This bill is not related in any way to your property tax bill. It must be paid separately.(Amended by Stats. 1978, Ch. 483.)
CA St & Hwy Code § 6444 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6444.

6444.  The treasurer may accept payments of installments of interest unaccompanied by payments of installments of principal which are due. The acceptance of such interest payments shall not effect the delinquent status of any installments of principal.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6445 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6445.

6445.  The treasurer shall, in addition to his other duties, keep a record of all bonds issued by him, of all payments on the bonds with the dates thereof and of all penalties accruing thereon.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6446 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6446.

6446.  The assessment shall be a lien upon the property affected thereby, with priority as fixed in Section 5373, until the bond issued to represent the assessment and which it is hereby declared does represent the assessement, and the accrued interest thereon and the penalties, if any, shall be fully paid according to the terms thereof, but which lien shall in no event continue beyond four years after the date of the last principal coupon attached thereto, and for the purposes of Section 330 of the Code of Civil Procedure and Section 2911 of the Civil Code said date shall be deemed the “due date” of the last principal coupon attached to said bonds.(Amended by Stats. 1959, Ch. 825.)
CA St & Hwy Code § 6447 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6447.

6447.  The owner of or any person interested in any lot or parcel of land upon which a bond has been issued under the terms of this division may at any time before commencement of proceedings for sale pay off the bond and discharge the land described in the bond from the lien of the assessment. The discharge may be had by paying to the treasurer, for the holder of the bond, the following sums: (a) the unpaid principal sum thereof; (b) if the interest thereon has already been paid to the next succeeding January 2 or July 2, as the case may be, no interest will be payable; (c) if the interest to the next succeeding January 2 or July 2 has not been paid, then the interest to that January 2 or July 2, as the case may be, shall be payable; (d) all penalties accrued and unpaid; and (e) premium, if any, required by Section 6464. For the purpose of this section, a bond shall be deemed to be issued on the 31st day after the recordation of the warrant upon any unpaid assessment for which the legislative body has provided for the issuance of a bond to represent said unpaid assessment or the last date for payment of the assessment, as specified in the statement required by Section 5390, whichever may be later.(Amended by Stats. 1969, Ch. 202.)
CA St & Hwy Code § 6448 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6448.

6448.  When all payments on a bond are made to the treasurer, he shall enter the same in his record of the bond and the lien of the assessment shall cease.The treasurer shall forthwith notify the holder of the bond and call in the bond. When the bond has been presented and paid the treasurer shall enter in his record thereof the amount paid and the date of payment to the holder and shall cancel the bond and file it in his office.(Amended by Stats. 1957, Ch. 612.)
CA St & Hwy Code § 6449 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6449.

6449.  Whenever a school district acquires property subject to a bond or bonds issued under the terms of this division for unpaid assessments against said property, the district may include in its annual tax levy, in addition to moneys for all other purposes, an amount sufficient to pay the annual payments of principal and interest due on said bond or bonds. Said tax levy may be made notwithstanding that the said tax levy exceeds the maximum tax rate which may otherwise be imposed by law. No school district shall levy the tax authorized by this section for a period in excess of five years with respect to a particular parcel of property.(Added by Stats. 1961, Ch. 894.)
CA St & Hwy Code § 6460.5 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6460.5.

6460.5.  The bond shall be manually signed by the treasurer of the city or county, or a facsimile signature may be reproduced thereon.A facsimile signature of the treasurer is one that is printed, lithographed, engraved, stamped, or otherwise mechanically reproduced.(Amended by Stats. 1989, Ch. 104, Sec. 12.)
CA St & Hwy Code § 6461 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6461.

6461.  The bonds shall:(a) Be payable to the party to whom they issue, or to order.(b) Be serial bonds.(c) Bear interest at the rate specified in the resolution of intention to do the work, unless the legislative body determines that a lesser rate of interest is appropriate at the time of advertising for bids, in which case a lesser interest rate may be specified in the bid advertisements.(d) Have annual principal coupons attached to them, payable in annual order, on the second day of January of every year after the next September 1st following the date of the bond, until all are paid. Each principal coupon shall be for an even annual proportion of the principal of the bond.(e) Have semiannual interest coupons attached to them.(Amended by Stats. 1983, Ch. 293, Sec. 7.)
CA St & Hwy Code § 6462 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6462.

6462.  The bonds shall extend over a period not exceeding 24 years from the second day of January next succeeding the next September 1st following their date.(Amended by Stats. 1959, Ch. 825.)
CA St & Hwy Code § 6462.1 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6462.1.

6462.1.  The legislative body conducting the proceedings may provide for a classification of assessments into different terms of maturity so that some assessments may be made to mature over a shorter period of time than other assessments and may also provide for assessments to mature in other than equal annual amounts.In such event, the bond declaration in the resolution of intention, assessment, and notice of recording the assessment may recite that the last installment of bonds shall mature a maximum rather than an exact number of years from the second day of January next succeeding the next September 1st following their date. (Amended by Stats. 1974, Ch. 527.)
CA St & Hwy Code § 6463 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6463.

6463.  The interest shall be payable semiannually, by coupon, on the second days of January and July, respectively, of each year after the date of the bonds. The bonds shall bear the date of the 31st day after the date of recordation of the warrant, whether or not such date falls on a Sunday or holiday. The first interest coupon shall be for interest from the date of the bonds and shall be payable to the holder thereof on the January 2nd next succeeding the September 1st or the July 2nd next succeeding the March 1st, as the case may be, next following the date of the bond. The rate of interest shall not exceed the amount established pursuant to Section 53531 of the Government Code at the time the legislative body adopts the resolution of intention pursuant to Section 5132.(Amended by Stats. 1983, Ch. 293, Sec. 8.)
CA St & Hwy Code § 6464 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6464.

6464.  The legislative body conducting the proceedings may elect, in the resolution of intention, to have the redemption provisions of said bond provide a premium of 5 percent of the unmatured principal. In such case, the words, “together with a premium of 5 percent of said unmatured principal” shall be added after the redemption clause in the bond form, and Section 6447 shall be deemed to require the property owner to pay a like sum in order to pay and discharge such lien.As used in this section, “unmatured principal” means those installments of principal that are due to be paid at future dates and for which no corresponding payments of interest will be payable pursuant to the provision of Section 6447. (Amended by Stats. 1974, Ch. 520.)
CA St & Hwy Code § 6465 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6465.

6465.  Said bonds may be made payable to the contractor or to his last assignee as shown by the assignment filed with and approved by the superintendent of streets. Said bonds may also be made payable to bearer in which case the words “or order” may be deleted.(Added by Stats. 1949, Ch. 856.)
CA St & Hwy Code § 6466 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6466.

6466.  The provisions of Articles 2 (commencing with Section 53430) and 3 (commencing with Section 53460) of Chapter 3, Part 1, Division 2, Title 5 of the Government Code shall apply to lost or destroyed or mutilated bonds issued pursuant to this part.(Added by Stats. 1963, Ch. 654.)
CA St & Hwy Code § 6467.1 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6467.1.

6467.1.  The interest upon the certificate provided in Section 6467 shall be payable semiannually, by coupon, on the second day of December and June, respectively, of each year a principal payment matures. The certificate shall bear date determined by the date of bonds if bonds are to be issued in the proceedings. If no bonds are to be issued the certificate or certificates shall bear such date as may be determined by the legislative body conducting the proceedings. The rate of interest shall not exceed 7 percent per annum on all unpaid sums.(Added by Stats. 1969, Ch. 513.)
CA St & Hwy Code § 6467.2 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6467.2.

6467.2.  The certificates shall have annual principal coupons attached to them payable in annual order, the first of which shall be payable not later than June 2, beginning with the fiscal year next following the date of the certificate until all are paid. Each principal coupon shall be for an even annual proportion of the principal of the certificate.(Added by Stats. 1969, Ch. 513.)
CA St & Hwy Code § 6467.3 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4 - Form and Content of Bonds|Section 6467.3.

6467.3.  The certificate shall be payable at the office of the treasurer of the city conducting the proceedings upon presentation of the principal and interest coupons. At least 30 days prior to the first day of July of each and every year after the date of the certificate, until the certificate is paid in full, the treasurer shall mail postage prepaid to the entity whose obligation it is to levy a tax to pay the amount of principal and interest falling due each year, a notice of the amount due in the next succeeding fiscal year, the date when payments are due upon the certificates, and that payment shall be made to the city conducting the proceedings by the entity obligated to levy the tax to make the payments due thereon at least 30 days prior to the due date of any installment of principal or interest upon said certificate. Failure of the treasurer to notify the entity obligated to make payment shall not affect the obligation of the entity, whose duty it is to make such payment, to make payment thereof as required by Section 5302.5 of this code.In the event the public entity owning the property against which the assessment has been levied, and which is represented by the certificates authorized in this chapter, shall sell the said property prior to the maturity and payment in full of all of the certificates representing such assessment, then all of the outstanding certificates shall be immediately payable in full together with the accrued interest thereon not later than sixty (60) days from the date of sale without premium. Interest shall be payable to the date of designated payment and the owner of the certificates, as the owner appears upon the records of the treasurer, shall be given written notice of such payment at his last known address or, if not known, at general delivery. Interest upon said certificates shall cease and terminate at the date designated for payment thereof in full, provided funds for the payment of all such principal and interest to such date have been paid into the proper redemption fund therefor and are available for such payment.(Added by Stats. 1969, Ch. 513.)
CA St & Hwy Code § 6468.1 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.1.

6468.1.  An annual proportion of the aggregate principal sum of bonds issued pursuant to the provisions of this chapter shall be payable on the second day of June of every fiscal year beginning with the fiscal year next following the date of the bonds. The bonds shall bear interest at a rate not in excess of 7 percent per annum from the 31st day after recording the assessment in the office of the superintendent of streets of the entity issuing the bonds, or from their date if the work was done under the Municipal Improvement Act of 1913, on all sums unpaid, until the whole of the principal sum and interest are paid.Interest shall be payable semiannually by coupon, on the second day of December and June, respectively, of each fiscal year a principal payment accrues. If no bonds are to be issued in the assessment district proceedings other than bonds to represent unpaid assessments against publicly owned property, the bonds shall bear such date as may be determined by the legislative body conducting the proceedings, and shall bear interest from their date. The bonds will continue to bear interest after maturity at the rate stated; provided, they are presented at maturity and payment thereof is refused upon the sole ground that there is not sufficient moneys in said redemption fund with which to pay same. If they are not presented at maturity, interest thereon will run until maturity.(Amended by Stats. 1972, Ch. 629.)
CA St & Hwy Code § 6468.2 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.2.

6468.2.  The legislative body may by resolution establish the denomination of the bonds, the amount to mature each fiscal year and provide for the issuance and sale of the bonds.(Amended by Stats. 1972, Ch. 629.)
CA St & Hwy Code § 6468.3 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.3.

6468.3.  The final maturity of the bonds shall not exceed 24 years from that second day of June next succeeding this date.(Amended by Stats. 1972, Ch. 629.)
CA St & Hwy Code § 6468.4 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.4.

6468.4.  The treasurer shall keep a separate redemption fund, properly designated, into which he shall place all sums received by him from the collection of the assessments against public property for bonds issued under the provisions of this chapter and for interest and penalties thereon and from which fund he shall disburse and pay the bonds and the interest due thereon upon presentation of the proper bonds and coupons. Under no circumstances shall the bonds or the interest thereon be paid out of any other fund.(Added by Stats. 1969, Ch. 770.)
CA St & Hwy Code § 6468.5 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.5.

6468.5.  Sections 5302.6, 8653, 8654, 8655, 8670, 8672, 8673 and 8851 of this code are applicable to bonds issued under the provisions of this chapter.(Amended by Stats. 1972, Ch. 629.)
CA St & Hwy Code § 6468.6 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.6.

6468.6.  The bonds shall be payable at the office of the treasurer of the city conducting the proceedings. At least 30 days prior to the first day of July of each and every year after the date of the bonds, until the bonds are paid in full, the treasurer shall mail postage prepaid to the entity whose obligation it is to levy a tax to pay the amount of principal and interest falling due each year, a notice of the amount due in the next succeeding fiscal year, the date when payments are due upon the bonds, and that payment shall be made to the city conducting the proceedings by the entity obligated to levy the tax to make the payments due thereon at least 30 days prior to the due date of any installment of principal or interest upon said bonds. Failure of the treasurer to notify the entity obligated to make payment shall not affect the obligation of the entity, whose duty it is to make such payment, to make payment thereof as required by Section 5302.5 of this code. The treasurer shall place the funds in the redemption fund for the payment of such bonds, and interest thereon, such redemption fund to be separate from all other funds and to be used solely for said purpose until the interest thereon and the bonds are paid in full.(Added by Stats. 1969, Ch. 770.)
CA St & Hwy Code § 6468.7 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.7.

6468.7.  In the event that the public entity owning the property against which the assessment has been levied, and which is represented by the bonds authorized in this chapter, shall sell the property prior to the maturity and payment in full of all of the bonds representing such assessment, then all of the outstanding bonds shall be immediately payable in full together with the accrued interest thereon not later than sixty (60) days from the date of sale without premium. Interest shall be payable to the date of designated payment and the owner of the bonds, as the owner appears upon the records of the treasurer, shall be given written notice of such payment at his last known address or, if not known, at general delivery. Interest upon said bonds shall cease and terminate at the date designated for payment thereof in full, provided funds for the payment of all such principal and interest to such date have been paid into the proper redemption fund therefor and are available for such payment.(Added by Stats. 1969, Ch. 770.)
CA St & Hwy Code § 6468.8 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 4.5 - Issuance of Bonds to Represent Unpaid Assessments Against Publicly Owned Property|Section 6468.8.

6468.8.  The legislative body conducting the proceedings may elect in the resolution of intention to provide that the bonds issued to represent assessments against property in the use of the performance of a public function shall provide a prepayment premium not to exceed 5 percent of the principal amount of bond. In such case, the amount of the premium shall be inserted in the bonds described in Section 6468.(Added by Stats. 1972, Ch. 629.)
CA St & Hwy Code § 6480 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 5 - Division of Land and Bond|Section 6480.

6480.  If any lot or parcel of land for which a bond has been issued is divided into two or more separate lots or parcels of land, including separate condominium interests, or if any two or more separate lots or parcels of land or separate condominium interests are combined into fewer lots or parcels, the bond or bonds may be surrendered and new bonds issued to the holder of the existing bond or bonds in the manner prescribed in this chapter.(Amended by Stats. 1985, Ch. 1332, Sec. 1. Effective October 1, 1985.)