California Public Utilities Code

§ 50255

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

PUC § 50255Div. 10 · Part 5 · Ch. 7 · Art. 4

Statute text

View on leginfo.ca.gov

In 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. 1963, Ch. 839.