California Public Utilities Code ARTICLE 4 - Refunding Bonds

• Section 29210.
  The district may provide for the funding or refunding of outstanding general obligation indebtedness pursuant to this article, if any of the following conditions exist:(a) The...
• Section 29211.
  The district by a two-thirds vote of the board may fund or refund its general obligation indebtedness at, after, or before maturity and issue refunding...
• Section 29212.
  Refunding general obligations may be issued and may be sold in accordance with Articles 2 (commencing with Section 29169) and 3 (commencing with Section 29200),...
• Section 29213.
  Refunding bonds issued pursuant to this article will have the same weight and force and may be used in the same manner as the bonds...
• Section 29214.
  The proceeds of any sale of refunding bonds for cash shall be deposited with the treasurer or depositary, as determined by the district, to the...
• Section 29215.
  Any proceeds of the refunding bonds remaining after the indebtedness has been paid shall be deposited in the fund established for the payment of principal...
• Section 29216.
  At the time of making the general tax levy after incurring the bonded indebtedness and annually thereafter until the refunding bonds are paid or until...
• Section 29217.
  If the earliest maturity of the refunding bonds is more than one year after the date of issuance, the board shall levy and collect annually...
• Section 29218.
  The taxes shall be levied and collected as other district taxes, and are in addition to all other taxes. They shall be used only for...
• Section 29219.
  Refunding bonds may be issued in a principal amount sufficient to provide funds for (a) the payment of the principal of and interest on the bonds,...
• Section 29220.
  When sufficient money is in the Funding Fund to redeem one or more outstanding past due bonds, notes or other evidences of indebtedness, or to...
• Section 29221.
  At the same time, the treasurer shall deposit in the post office a copy of the notice, enclosed in a sealed envelope, postage prepaid, addressed...
• Section 29222.
  When any outstanding bonds, notes or other evidence of indebtedness are surrendered and paid, the treasurer shall cancel them by endorsing on their faces the...
• Section 29223.
  The treasurer shall keep a record of bonds, notes, or other evidences of indebtedness redeemed, and report the redemption to the board. At the end...
• Section 29224.
  Any money remaining in the Funding Fund, after all outstanding bonds, warrants, judgments, notes, or other evidences of indebtedness proposed to be refunded have been...
• Section 29225.
  Refunding of revenue bonds of the district may be accomplished in the manner provided by the Revenue Bond Law of 1941, all of the provisions...

Last modified: October 22, 2018