Refunding bonds - 74 Pa. Cons. Stat. § 6164
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Pennsylvania Statutes
§ 6164. Refunding bonds.
The Governor, Auditor General and State Treasurer are
authorized to provide, by resolution, for the issuance of
refunding bonds for the purpose of refunding any bonds issued
under the provisions of this subchapter and then outstanding,
either by voluntary exchange with the holders of the outstanding
bonds, or to provide funds to redeem and retire the outstanding
bonds with accrued interest and any premium payable thereon, at
maturity or at any call date. The issuance of the refunding
bonds, the maturities and other details thereof, the rights of
the holders thereof and the duties of the Governor, Auditor
General and State Treasurer in respect to them shall be governed
by the provisions of this subchapter, insofar as they may be
applicable. Refunding bonds may be issued by the Governor,
Auditor General and State Treasurer to refund bonds originally
issued or to refund bonds previously issued for refunding
purposes.
Section: 6131 6141 6142 6143 6161 6162 6163 6164 6165 6166 6167 6168 6169 6301 6302
Last modified: November 27, 2007
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