California Public Utilities Code
§ 98355
PUC § 98355Div. 10 · Part 10 · 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
Added by Stats. 1967, Ch. 978.