Section 6487 Of Chapter 5. Division Of Land And Bond From California Streets And Highways Code >> Division 7. >> Part 5. >> Chapter 5.

. No new bond shall be issued when the apportioned amount is less than fifty dollars ($50). If it is less, the apportioned amount shall be paid to the treasurer in cash for the benefit of the holder of the existing bond at or prior to the time of filing the application referred to in Section 6483.