California Government Code

§ 54662

GOV § 54662Div. 2 · Title 5 · Part 1 · Ch. 6 · Art. 11

Statute text

Funding or refunding bonds may be issued in a principal amount sufficient to provide funds for the payment of all of the following:

(a)All bonds to be funded or refunded by them.

(b)All expenses incident to the calling, retiring, or paying of the outstanding bonds and the issuance of the funding or refunding bonds, including the difference in amount between the par value of the funding or refunding bonds and any amount less than that for which the funding or refunding bonds may be sold.

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Legislative history

Added by Stats. 1949, Ch. 81.