California Statutes
§ 16949. — 16949. (Added by Stats. 2004, Ch. 215, Sec. 4.)
California § 16949.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 2.DIVISION 4. FISCAL AFFAIRS
Part 3.PART 3. STATE BONDS
Ch. 8.CHAPTER 8. The California Pension Restructuring Bond Act of 2004
Art. 2.ARTICLE 2. Issuance of Bonds to Finance the Program
This text of California § 16949. (16949. (Added by Stats. 2004, Ch. 215, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Government Code - GOV Code § 16949. (2026).
Text
The proceeds of the bonds shall be applied to the funding or refunding of pension obligations, or refunding of bonds previously issued under this chapter, together with all costs of issuing the bonds and refunding pension obligations or prior bonds and the costs of any ancillary obligation. Notwithstanding Sections 20822 and 20824, or any other provision of law, the proceeds of the bonds may be applied to the prepayment of pension obligations.
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Legislative History
Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.
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California § 16949., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16949..