Statute · California Government Code

Cal. Gov't Code § 43742 — Refunding Indebtedness

Cal. Gov't Code § 43742

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

If any bonds are authorized for funding or refunding before maturity any obligations which by their terms are subject to call and payment before maturity, and which specify the manner in which they shall be called and paid, the call and payment of such obligations shall be in the specified manner.

Citator

Cal. Gov't Code § 43742 — Refunding Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.

If any bonds are authorized for funding or refunding before maturity any obligations which by their terms are subject to call and payment before maturity, and which specify the manner in which they shall be called and paid, the call and payment of such obligations shall be in the specified manner.