Section 19732 Of Article 5. Bonds From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 9. >> Article 5.
19732
. Whenever any bonds issued under this article remain unsold
for the period of six months after having been offered for sale in
the manner prescribed by the board of supervisors, the board of
trustees of the library district for or on account of which the bonds
were issued, or of any library district composed wholly or partly of
territory which, at the time of holding the election authorizing the
issuance of the bonds, was embraced within the district for or on
account of which the bonds were issued, may petition the board of
supervisors to cause the unsold bonds to be withdrawn from market and
canceled.