There is a newer version of the California Code
2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
ARTICLE 6. Refunding Bonds
Section 16785
CA Govt Code § 16785 (through 2012 Leg Sess) What's This?
Refunding bonds shall be valid and binding obligations of the State of California, and the full faith and credit of the State of California shall be pledged for the punctual payment of the principal of and interest on the bonds as the principal and interest become due and payable.
(Added by Stats. 1987, Ch. 1030, Sec. 3.)
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