California Military and Veterans Code ARTICLE 5 - Refunding Bonds

• Section 487.
  The department, subject to the approval of the National Guard Members’ Finance Committee, may provide for the issuance, sale, or exchange of refunding bonds for...
• Section 487.1.
  Refunding bonds may be issued in a principal amount sufficient to provide funds for the payment of all revenue bonds to be refunded thereby and...
• Section 487.2.
  Refunding revenue bonds shall not constitute a debt or obligation of the State of California but shall be revenue bonds of the department of the...
• Section 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...

Last modified: October 22, 2018