§ 29912 Bond Redemption Notice Requirements

• •If the government wants to buy back bonds early, they have to tell people about it.
• •They decide how and when to tell people by making a special rule.
• •This rule is part of the plan when they first sell the bonds.

Imagine the city sells bonds to build a new park. Later, they get extra money and want to pay back the bonds early.

The city must tell everyone who owns the bonds that they are buying them back. They decide how to tell them (like in a newspaper or online) when they first sell the bonds.