State Codes and Statutes

Statutes > California > Shc > 6630-6632

STREETS AND HIGHWAYS CODE
SECTION 6630-6632



6630.  Notwithstanding any other provisions of this part, any person
owning or having any interest in any property may at any time after
commencement of an action or proceeding for sale or foreclosure
pursuant to Chapter 6 (commencing with Section 6500) or Chapter 11
(commencing with Section 6610) of this part and before sale of that
property to enforce the lien arising thereon for failure to make any
payment of the principal or of the interest upon any bond which has
become delinquent apply to the treasurer for reinstatement of the
bond. As used in this part "commencement of an action or proceeding,"
or variants thereof, means the date of filing with the county
recorder of a notice of pendency of a sale or foreclosure pursuant to
Part 3 (commencing with Section 3120) of Division 4.5 of this code
or, if such notice of pendency is not required to be filed with the
county recorder, (i) in the case of proceedings for a treasurer's
sale pursuant to Chapter 6 (commencing with Section 6500) of this
part, the date of receipt by the treasurer of the written demand
provided for by Section 6500, or (ii) in the case of a foreclosure
action brought in the superior court pursuant to Chapter 11
(commencing with Section 6610) of this part, the date of filing the
complaint with the clerk of court.



6631.  Notwithstanding the provisions of Section 6619, the treasurer
shall reinstate any delinquent bond upon which an action or
proceeding for sale or foreclosure has been commenced, upon the
payment to him of all principal and interest coupons delinquent at
the time of such reinstatement together with:
   (a) All penalties imposed pursuant to Section 6442.
   (b) If the proceedings are pursuant to Chapter 6 (commencing with
Section 6500) of this part, the expenses of publication of notice of
sale paid or incurred by the treasurer, the cost of title search if
incurred, the fees for filing with the county recorder a notice of
pendency of sale pursuant to Part 3 (commencing with Section 3120) of
Division 4.5, and the sum of three dollars ($3) for ascertainment by
the treasurer of the name and address of the property owner.
   (c) If the proceedings are pursuant to Chapter 11 (commencing with
Section 6610) of this part, the costs of suit, the cost of abstract
or report of search of title, authorized attorneys fees, and fees for
filing with the county recorder a notice of pendency of foreclosure
pursuant to Part 3 (commencing with Section 3120) of Division 4.5.
   (d) A reinstatement fee determined as follows:
   If the action or proceeding for sale or foreclosure was commenced
within the following periods, measured from the date of the first
delinquent principal or interest coupon:
   1. Less than six months, the reinstatement fee shall be five
dollars ($5);
   2. Six months but less than a year, the reinstatement fee shall be
ten dollars ($10);
   3. One year or more, and
   (i) The unpaid principal is less than one hundred dollars ($100),
the reinstatement fee shall be fifteen dollars ($15);
   (ii) The unpaid principal is one hundred dollars ($100) or more,
the reinstatement fee shall be twenty dollars ($20).




6632.  The holder of any bond so reinstated shall be entitled to all
reinstatement payments made pursuant to Section 6631, adjusted for
any difference between the estimated expenses of publication of the
notice of sale and the actual expenses paid or incurred by the
treasurer for such publication, and excepting penalties, if any,
required to be retained by the treasurer pursuant to Section 6442.
Upon receiving the reinstatement payments the treasurer shall enter
on the record of the bond the word "reinstated," giving the date
thereof. Any bond so reinstated shall have the same effect and status
as the original bond, with the same rights as to lien, payments, and
foreclosure.

State Codes and Statutes

Statutes > California > Shc > 6630-6632

STREETS AND HIGHWAYS CODE
SECTION 6630-6632



6630.  Notwithstanding any other provisions of this part, any person
owning or having any interest in any property may at any time after
commencement of an action or proceeding for sale or foreclosure
pursuant to Chapter 6 (commencing with Section 6500) or Chapter 11
(commencing with Section 6610) of this part and before sale of that
property to enforce the lien arising thereon for failure to make any
payment of the principal or of the interest upon any bond which has
become delinquent apply to the treasurer for reinstatement of the
bond. As used in this part "commencement of an action or proceeding,"
or variants thereof, means the date of filing with the county
recorder of a notice of pendency of a sale or foreclosure pursuant to
Part 3 (commencing with Section 3120) of Division 4.5 of this code
or, if such notice of pendency is not required to be filed with the
county recorder, (i) in the case of proceedings for a treasurer's
sale pursuant to Chapter 6 (commencing with Section 6500) of this
part, the date of receipt by the treasurer of the written demand
provided for by Section 6500, or (ii) in the case of a foreclosure
action brought in the superior court pursuant to Chapter 11
(commencing with Section 6610) of this part, the date of filing the
complaint with the clerk of court.



6631.  Notwithstanding the provisions of Section 6619, the treasurer
shall reinstate any delinquent bond upon which an action or
proceeding for sale or foreclosure has been commenced, upon the
payment to him of all principal and interest coupons delinquent at
the time of such reinstatement together with:
   (a) All penalties imposed pursuant to Section 6442.
   (b) If the proceedings are pursuant to Chapter 6 (commencing with
Section 6500) of this part, the expenses of publication of notice of
sale paid or incurred by the treasurer, the cost of title search if
incurred, the fees for filing with the county recorder a notice of
pendency of sale pursuant to Part 3 (commencing with Section 3120) of
Division 4.5, and the sum of three dollars ($3) for ascertainment by
the treasurer of the name and address of the property owner.
   (c) If the proceedings are pursuant to Chapter 11 (commencing with
Section 6610) of this part, the costs of suit, the cost of abstract
or report of search of title, authorized attorneys fees, and fees for
filing with the county recorder a notice of pendency of foreclosure
pursuant to Part 3 (commencing with Section 3120) of Division 4.5.
   (d) A reinstatement fee determined as follows:
   If the action or proceeding for sale or foreclosure was commenced
within the following periods, measured from the date of the first
delinquent principal or interest coupon:
   1. Less than six months, the reinstatement fee shall be five
dollars ($5);
   2. Six months but less than a year, the reinstatement fee shall be
ten dollars ($10);
   3. One year or more, and
   (i) The unpaid principal is less than one hundred dollars ($100),
the reinstatement fee shall be fifteen dollars ($15);
   (ii) The unpaid principal is one hundred dollars ($100) or more,
the reinstatement fee shall be twenty dollars ($20).




6632.  The holder of any bond so reinstated shall be entitled to all
reinstatement payments made pursuant to Section 6631, adjusted for
any difference between the estimated expenses of publication of the
notice of sale and the actual expenses paid or incurred by the
treasurer for such publication, and excepting penalties, if any,
required to be retained by the treasurer pursuant to Section 6442.
Upon receiving the reinstatement payments the treasurer shall enter
on the record of the bond the word "reinstated," giving the date
thereof. Any bond so reinstated shall have the same effect and status
as the original bond, with the same rights as to lien, payments, and
foreclosure.


State Codes and Statutes

State Codes and Statutes

Statutes > California > Shc > 6630-6632

STREETS AND HIGHWAYS CODE
SECTION 6630-6632



6630.  Notwithstanding any other provisions of this part, any person
owning or having any interest in any property may at any time after
commencement of an action or proceeding for sale or foreclosure
pursuant to Chapter 6 (commencing with Section 6500) or Chapter 11
(commencing with Section 6610) of this part and before sale of that
property to enforce the lien arising thereon for failure to make any
payment of the principal or of the interest upon any bond which has
become delinquent apply to the treasurer for reinstatement of the
bond. As used in this part "commencement of an action or proceeding,"
or variants thereof, means the date of filing with the county
recorder of a notice of pendency of a sale or foreclosure pursuant to
Part 3 (commencing with Section 3120) of Division 4.5 of this code
or, if such notice of pendency is not required to be filed with the
county recorder, (i) in the case of proceedings for a treasurer's
sale pursuant to Chapter 6 (commencing with Section 6500) of this
part, the date of receipt by the treasurer of the written demand
provided for by Section 6500, or (ii) in the case of a foreclosure
action brought in the superior court pursuant to Chapter 11
(commencing with Section 6610) of this part, the date of filing the
complaint with the clerk of court.



6631.  Notwithstanding the provisions of Section 6619, the treasurer
shall reinstate any delinquent bond upon which an action or
proceeding for sale or foreclosure has been commenced, upon the
payment to him of all principal and interest coupons delinquent at
the time of such reinstatement together with:
   (a) All penalties imposed pursuant to Section 6442.
   (b) If the proceedings are pursuant to Chapter 6 (commencing with
Section 6500) of this part, the expenses of publication of notice of
sale paid or incurred by the treasurer, the cost of title search if
incurred, the fees for filing with the county recorder a notice of
pendency of sale pursuant to Part 3 (commencing with Section 3120) of
Division 4.5, and the sum of three dollars ($3) for ascertainment by
the treasurer of the name and address of the property owner.
   (c) If the proceedings are pursuant to Chapter 11 (commencing with
Section 6610) of this part, the costs of suit, the cost of abstract
or report of search of title, authorized attorneys fees, and fees for
filing with the county recorder a notice of pendency of foreclosure
pursuant to Part 3 (commencing with Section 3120) of Division 4.5.
   (d) A reinstatement fee determined as follows:
   If the action or proceeding for sale or foreclosure was commenced
within the following periods, measured from the date of the first
delinquent principal or interest coupon:
   1. Less than six months, the reinstatement fee shall be five
dollars ($5);
   2. Six months but less than a year, the reinstatement fee shall be
ten dollars ($10);
   3. One year or more, and
   (i) The unpaid principal is less than one hundred dollars ($100),
the reinstatement fee shall be fifteen dollars ($15);
   (ii) The unpaid principal is one hundred dollars ($100) or more,
the reinstatement fee shall be twenty dollars ($20).




6632.  The holder of any bond so reinstated shall be entitled to all
reinstatement payments made pursuant to Section 6631, adjusted for
any difference between the estimated expenses of publication of the
notice of sale and the actual expenses paid or incurred by the
treasurer for such publication, and excepting penalties, if any,
required to be retained by the treasurer pursuant to Section 6442.
Upon receiving the reinstatement payments the treasurer shall enter
on the record of the bond the word "reinstated," giving the date
thereof. Any bond so reinstated shall have the same effect and status
as the original bond, with the same rights as to lien, payments, and
foreclosure.