California Military and Veterans Code Section 487.3
Legal Research Home >
California Laws > Military and Veterans Code > California Military and Veterans Code Section 487.3
487.3. The department may from time to time or at any time sell or
exchange refunding bonds for the purpose of retiring, paying, or
refunding either all or part of the outstanding revenue bonds, or of
one or more series thereof, as it deems advisable. Such refunding
bonds may be issued and delivered as outstanding revenue bonds to be
refunded thereby mature or are about to mature or are subject to call
or redemption, or if the retirement thereof has been assured by
consent of the holders thereof. Refunding bonds may be delivered in
whole or in part in exchange for outstanding revenue bonds with the
consent of such holders.
Section: 487.3
Last modified: February 22, 2013
|
