ARTICLE 4. Refunding [13281. - 13288.]
Article 4 enacted by Stats. 1951, Ch. 764.
§§ 13281–13288 · 7 sections
- § 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…
- § 13282 The issuance of refunding bonds shall not be construed as the incurring or increase of an indebtedness within the meaning of this division, and the approval of…
- § 13284 Only the property in a special district is taxable for the payment of the principal and interest on any refunding bonds which are issued for the purpose of…
- § 13285 Except as provided in this article, matters pertaining to the issuance of refunding bonds under this chapter shall be governed by Article 9 (commencing with…
- § 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,…
- § 13287 In lieu of selling refunding bonds and using the proceeds to purchase or retire the bonds to be refunded, the board may exchange refunding bonds at not less…
- § 13288 Whenever outstanding bonds are refunded they shall be surrendered to the treasurer of the district, who shall cancel them by endorsing on their face the manner…