California Government Code ARTICLE 6 - Refunding Bonds

• Section 16780.
  (a) The committee may provide for the issuance and sale or exchange of refunding bonds for the purpose of redeeming, retiring, or purchasing for retirement, outstanding...
• Section 16781.
  (a) Except as otherwise provided in this article or in subdivision (b), all of the provisions of this chapter are applicable to the issuance and sale...
• Section 16781.5.
  Notwithstanding any other provision of this article, the renewal and reissuance from time to time of commercial paper notes within the amount and time of...
• Section 16782.
  (a) Refunding bonds may be issued in a principal amount sufficient to provide funds, either directly or by the purchase of nonredeemable securities, the principal and...
• Section 16783.
  Refunding bonds may be issued before the first date upon which the bonds being refunded are subject to call or redemption. The final maturity date...
• Section 16784.
  The Refunding Escrow Fund is hereby created as a special fund in the State Treasury and is continuously appropriated for the purposes of this section....
• Section 16785.
  Refunding bonds shall be valid and binding obligations of the State of California, and the full faith and credit of the State of California shall...
• Section 16786.
  This article applies only to the refunding of bonds authorized at a statewide election held after the effective date of this article pursuant to a...
• Section 16787.
  In any report of outstanding general obligation bonds or bonded debt of the state, the Controller shall include both refunding bonds and bonds which have...

Last modified: October 22, 2018