California § 1001.9. 1001.9. (Added by Stats. 1986, Ch. 414, Sec. 2.)

California Statutes

§ 1001.9. — 1001.9. (Added by Stats. 1986, Ch. 414, Sec. 2.)

California·Code MVC Military and Veterans Code - MVC·Div. 4. DIVISION 4. VETERANS' AID AND WELFARE·Ch. 7. CHAPTER 7. Veterans’ Revenue Debenture Act of 1970·Art. 2. ARTICLE 2. Authorization and Issuance of Debentures

In addition to the debentures authorized by Sections 1001.1, 1001.7, and 1001.8, the department may issue additional debentures at any time pursuant to this chapter if the total amount of debentures outstanding at any time does not exceed the total amount of debentures authorized by this article.
Debentures which are refunded pursuant to Article 5 (commencing with Section 1004.1), or for which money or securities sufficient to pay the principal, interest, and any redemption premium thereon have been deposited in any reserve fund or in trust, are not debentures which are outstanding within the meaning of this section.

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In addition to the debentures authorized by Sections 1001.1, 1001.7, and 1001.8, the department may issue additional debentures at any time pursuant to this chapter if the total amount of debentures outstanding at any time does not exceed the total amount of debentures authorized by this article.
Debentures which are refunded pursuant to Article 5 (commencing with Section 1004.1), or for which money or securities sufficient to pay the principal, interest, and any redemption premium thereon have been deposited in any reserve fund or in trust, are not debentures which are outstanding within the meaning of this section.

California § 1001.9. (1001.9. (Added by Stats. 1986, Ch. 414, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.