§ 101140. — 101140. (Added November 8, 2016, by initiative Proposition 51, Sec. 3.)

California § 101140.

• Jurisdiction: California
• Code EDC: Education Code - EDC
• Div.: 14.
• Title 3.: DIVISION 14. MISCELLANEOUS
• Part 70.: PART 70. KINDERGARTEN THROUGH COMMUNITY COLLEGE PUBLIC EDUCATION FACILITIES BOND ACT OF 2016
• Ch. 2.: CHAPTER 2. Kindergarten Through 12th Grade
• Art. 2.: ARTICLE 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions

Text

The bonds issued and sold pursuant to this chapter may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code, which is a part of the State General Obligation Bond Law. Approval by the voters of the state for the issuance of the bonds described in this chapter includes the approval of the issuance of any bonds
issued to refund any bonds originally issued under this chapter or any previously issued refunding bonds. Any bond refunded with the proceeds of refunding bonds as authorized by this section may be legally defeased to the extent permitted by law in the manner and to the extent set forth in the resolution, as amended from time to time, authorizing such refunded bond.

Legislative History

Added November 8, 2016, by initiative Proposition 51, Sec. 3.