Statute · California Government Code
Cal. Gov't Code § 16949 — Issuance of Bonds to Finance the Program
Cal. Gov't Code § 16949
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2004-08-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The proceeds of the bonds shall be applied to the funding or refunding of pension obligations, or refunding of bonds previously issued under this chapter, together with all costs of issuing the bonds and refunding pension obligations or prior bonds and the costs of any ancillary obligation.…
Citator
Cal. Gov't Code § 16949 — Issuance of Bonds to Finance the Program is in force in the current edition of the Code, and nothing recorded condemns it.
The proceeds of the bonds shall be applied to the funding or refunding of pension obligations, or refunding of bonds previously issued under this chapter, together with all costs of issuing the bonds and refunding pension obligations or prior bonds and the costs of any ancillary obligation. Notwithstanding Sections 20822 and 20824, or any other provision of law, the proceeds of the bonds may be applied to the prepayment of pension obligations.