ARTICLE 6. Refunding Bonds

Article 6 added by Stats. 1987, Ch. 1030, Sec. 3.

§§ 16780–16787 · 9 sections

• § 16780 (a) The committee may provide for the issuance and sale or exchange of refunding bonds for the purpose of redeeming, retiring, or purchasing for retirement,…
• § 16781 (a) Except as otherwise provided in this article or in subdivision (b), all of the provisions of this chapter are applicable to the issuance and sale of…
• § 16781.5 Notwithstanding any other provision of this article, the renewal and reissuance from time to time of commercial paper notes within the amount and time of a…
• § 16782 (a) Refunding bonds may be issued in a principal amount sufficient to provide funds, either directly or by the purchase of nonredeemable securities, the…
• § 16783 Refunding bonds may be issued before the first date upon which the bonds being refunded are subject to call or redemption. The final maturity date of any…
• § 16784 The Refunding Escrow Fund is hereby created as a special fund in the State Treasury and is continuously appropriated for the purposes of this section. The…
• § 16785 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…
• § 16786 This article applies only to the refunding of bonds authorized at a statewide election held after the effective date of this article pursuant to a bond act…
• § 16787 In any report of outstanding general obligation bonds or bonded debt of the state, the Controller shall include both refunding bonds and bonds which have been…