California Legal Codes and Statutes

§ 16781.5

Added by Stats. 1995, Ch. 697, Sec. 4. Effective October 10, 1995.

Notwithstanding any other provision of this article, the renewal and reissuance from time to time of commercial paper notes within the amount and time of a program authorized by the committee pursuant to Section 16731.6 shall be considered a refunding of the amount of the commercial paper notes maturing from time to time that complies with this article.

Cite this section

Cal. Gov. Code § 16781.5 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-4-fiscal-affairs/part-3-state-bonds/chapter-4-state-general-obligation-bonds/article-6-refunding-bonds/section-16781.5

Other sections in Article 6 - Refunding Bonds

§ 16780§ 16781§ 16781.5§ 16782§ 16783§ 16784§ 16785§ 16786§ 16787

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.