California Public Utilities Code
§ 101320
PUC § 101320Div. 10 · Part 13 · Ch. 8 · 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. 1971, Ch. 1161.