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2025 California Code
Public Utilities Code - PUC
DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT
CHAPTER 7 - Bonds
ARTICLE 4 - Refunding
Section 13281.
Universal Citation:
CA Pub Util Code § 13281 (2025)
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13281. Whenever the board by resolution passed by a vote of two-thirds 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.
(Enacted by Stats. 1951, Ch. 764.)
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