California Public Utilities Code
§ 13287
PUC § 13287Div. 6 · Ch. 7 · Art. 4
Statute text
View on leginfo.ca.govIn lieu of selling refunding bonds and using the proceeds to purchase or retire the bonds to be refunded, the board may exchange refunding bonds at not less than par and accrued interest for the bonds so refunded.
Legislative history
Enacted by Stats. 1951, Ch. 764.