Statute · California Public Utilities Code

Cal. Pub. Util. Code § 101315 — Refunding

Cal. Pub. Util. Code § 101315

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

Whenever the board, by resolution passed by a vote of four-fifths of all its members, determines that the refunding of the whole, or any portion of, the bonded indebtedness will be of advantage to the district, the board may refund the bonded indebtedness, or any portion thereof, and issue…

Citator

Cal. Pub. Util. Code § 101315 — Refunding is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever the board, by resolution passed by a vote of four-fifths of all its members, determines that the refunding of the whole, or any portion of, the bonded indebtedness will be of advantage to the district, the board may refund the bonded indebtedness, or any portion thereof, and issue refunding bonds of the district therefor.