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2025 California Code
Public Utilities Code - PUC
DIVISION 6 - MUNICIPAL UTILITY DISTRICT ACT
CHAPTER 7 - Bonds
ARTICLE 4 - Refunding
Section 13286.
Universal Citation:
CA Pub Util Code § 13286 (2025)
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13286. The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest, or the call price, of the bonded indebtedness for which the refunding bonds were issued.
(Enacted by Stats. 1951, Ch. 764.)
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