California Public Utilities Code ARTICLE 4 - Refunding

• Section 101315.
  Whenever the board, by resolution passed by a vote of four-fifths of all its members, determines that the refunding of the whole, or any portion...
• Section 101316.
  The issuance of refunding bonds shall not be construed as the incurring or increase of an indebtedness within the meaning of this part, and the...
• Section 101317.
  Except as otherwise provided, the provisions of this chapter shall substantially govern as to all matters pertaining to the issuance of refunding bonds, including and...
• Section 101318.
  Refunding bonds shall bear interest at a rate not exceeding the interest rate on the refunded bonds, but payment of the refunding bonds shall begin...
• Section 101319.
  The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest,...
• Section 101320.
  In lieu of selling refunding bonds and using the proceeds to purchase or retire the bonds to be refunded, the board may exchange refunding bonds...
• Section 101321.
  Whenever outstanding bonds are refunded, they shall be surrendered to the treasurer of the district, or the county treasurer, as the case may be, who...

Last modified: October 22, 2018