California Public Utilities Code

§ 13286

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 13286Div. 6 · Ch. 7 · Art. 4

Statute text

View on leginfo.ca.gov

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, or the call price, of the bonded indebtedness for which the refunding bonds were issued.

Legislative history

Enacted by Stats. 1951, Ch. 764.