California Statutes
§ 98351. — 98351. (Added by Stats. 1967, Ch. 978.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 10. PART 10. SANTA CRUZ METROPOLITAN TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Bonds·Art. 4. ARTICLE 4. Refunding
The issuance of refunding bonds shall not be construed as the incurring or increase of an indebtedness within the meaning of this act, and the approval of the voters is not required for the issuance of refunding bonds. The board may provide for the call and redemption of any or all of the bonds on any interest payment date prior to their fixed maturity in the ordinance authorizing the issuance of the refunding bonds.
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California § 98351. (98351. (Added by Stats. 1967, Ch. 978.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1967, Ch. 978.