California Streets and Highways Code

§ 31165

SHC § 31165Div. 17 · Ch. 5 · Art. 4

Statute text

Any funding or refunding bonds may be issued in a principal amount sufficient to provide funds for:

(a)The payment of the bonds to be funded or refunded thereby.

(b)All expenses incidental to the calling, retiring, or payment of the outstanding bonds and the issuance of the funding or refunding bonds, including the difference in amount between the par value of the funding or refunding bonds and any amount less than par for which they may be sold.

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Legislative history

Added by Stats. 1968, Ch. 923.