Statute · California Education Code
Cal. Educ. Code § 90042 — The State University Revenue Bond Act of 1947
Cal. Educ. Code § 90042
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Bonds may be callable upon any terms, conditions, and upon any notice as the board may determine, and upon the payment of the premium as may be fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date unless…
Citator
Cal. Educ. Code § 90042 — The State University Revenue Bond Act of 1947 is in force in the current edition of the Code, and nothing recorded condemns it.
Bonds may be callable upon any terms, conditions, and upon any notice as the board may determine, and upon the payment of the premium as may be fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date unless the right to exercise the call is expressly stated on the face of the bond.