California Legal Codes and Statutes

§ 26285

Added by Stats. 1955, Ch. 1036.

The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest, or the call price, of the bonded indebtedness for which the refunding bonds were issued.

Cite this section

Cal. Pub. Util. Code § 26285 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-1-transit-districts-in-counties-of-alameda-or-contra-costa/chapter-7-bonds/article-4-refunding/section-26285

Other sections in Article 4 - Refunding

§ 26281§ 26282§ 26283§ 26284§ 26285§ 26286§ 26287

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