California Legal Codes and Statutes

§ 53364

Repealed and added by Stats. 1984, Ch. 269, Sec. 40. Effective July 3, 1984.

Following the issuance of any refunding bonds pursuant to this article, the treasurer of the local agency shall provide for the payment of principal and interest on the refunding bonds in the same manner as for the bonds being refunded. Payments on the refunding bonds may be made from the “refunding fund” or from the redemption fund established for the bonds being refunded. However, the bonds being refunded shall have a priority claim on funds in the redemption fund.

Cite this section

Cal. Gov. Code § 53364 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-2-5-the-mello-roos-community-facilities-act-of-1982/article-5-bonds/section-53364

Other sections in Article 5 - Bonds

§ 53345§ 53345.3§ 53345.8§ 53346§ 53348§ 53349§ 53350§ 53351§ 53352§ 53353.5…§ 53363.5§ 53363.7§ 53363.8§ 53363.9§ 53364§ 53364.2§ 53364.5§ 53365§ 53365.5§ 53365.7

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.