Home/California/Statutes/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/§ 96505.
California Statutes

§ 96505. — 96505. (Added by Stats. 1965, Ch. 1835.)

California § 96505.
JurisdictionCalifornia
Code PUCPublic 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

This text of California § 96505. (96505. (Added by Stats. 1965, Ch. 1835.)) 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. Public Utilities Code - PUC Code § 96505. (2026).

Text

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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Legislative History

Added by Stats. 1965, Ch. 1835.
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California § 96505., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/96505..