California Government Code

§ 53553

GOV § 53553Div. 2 · Title 5 · Part 1 · Ch. 3 · Art. 9

Statute text

When the legislative body determines to issue refunding bonds pursuant to this article, it shall adopt a resolution providing for the issuance of such bonds. Such resolution shall:

(a)Describe the bonds being refunded; and the date on which it is anticipated that the exchange, purchase or call and redemption necessary to effect the refunding shall occur;

(b)Fix the date of such refunding bonds;

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Legislative history

Amended by Stats. 1975, Ch. 130.