California Statutes
§ 96505. — 96505. (Added by Stats. 1965, Ch. 1835.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 9. PART 9. THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Bonds·Art. 4. ARTICLE 4. Refunding
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 than par and accrued interest for the bonds so refunded.
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California § 96505. (96505. (Added by Stats. 1965, Ch. 1835.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1965, Ch. 1835.