Statute · California Government Code

Cal. Gov't Code § 43737 — Refunding Indebtedness

Cal. Gov't Code § 43737

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The proceeds from the sale of the bonds shall be applied by the treasurer to the satisfaction of the judgment or the refunding of the indebtedness for which the bonds were issued, or the bonds may be exchanged at their par value for the evidences of indebtedness to be refunded, at their par value.

Citator

Cal. Gov't Code § 43737 — Refunding Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.

The proceeds from the sale of the bonds shall be applied by the treasurer to the satisfaction of the judgment or the refunding of the indebtedness for which the bonds were issued, or the bonds may be exchanged at their par value for the evidences of indebtedness to be refunded, at their par value.