Statute · California Welfare and Institutions Code

Cal. Welf. & Inst. Code § 5965.14 — Behavioral Health Infrastructure Bond Act of 2024

Cal. Welf. & Inst. Code § 5965.14

Type
Statute
Source
California Welfare and Institutions Code
Jurisdiction
California
Date
2024-03-06
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The bonds issued and sold pursuant to this chapter may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code, which is a part of the State General Obligation Bond Law.

Citator

Cal. Welf. & Inst. Code § 5965.14 — Behavioral Health Infrastructure Bond Act of 2024 is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The bonds issued and sold pursuant to this chapter may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code, which is a part of the State General Obligation Bond Law.

(b) Approval by the voters of the state for the issuance of the bonds described in this chapter includes the approval of the issuance of bonds issued to refund bonds originally issued under this chapter or any previously issued refunding bonds.

(c) A bond refunded with the proceeds of refunding bonds, as authorized by this section, may be legally defeased to the extent permitted by law in the manner and to the extent set forth in the resolution, as amended, authorizing that refunded bond.