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2017 California Code
Water Code - WAT
DIVISION 13 - CALIFORNIA WATER DISTRICTS
PART 6 - FINANCIAL PROVISIONS
CHAPTER 4.95 - Alternative Provisions for the Issuance of Bonds of Improvement Districts
Section 36447.11.
Universal Citation: CA Water Code § 36447.11 (2017)
36447.11.
Refunding bonds issued under Article 6 (commencing with Section 36060) of Chapter 2 may be issued in the manner set forth in this chapter regardless of whether or not the bonds being refunded were issued in the manner set forth in this chapter. The par value of each improvement district’s refunding bonds included in the consolidated refunding bonds shall be only sufficient to provide for the refunding of that improvement district’s bonds to be refunded.
(Amended by Stats. 1985, Ch. 645, Sec. 3. Effective September 17, 1985.)
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