TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 3. STATE BONDS 16650-16965.1›CHAPTER 4. State General Obligation Bonds 16720-16787›ARTICLE 6. Refunding Bonds 16780-16787
§ 16785
California Government Code · 2018-11 edition · updated 2026-10-04 · California
Refunding bonds shall be valid and binding obligations of the State of California, and the full faith and credit of the State of California shall be pledged for the punctual payment of the principal of and interest on the bonds as the principal and interest become due and payable.
(Added by Stats. 1987, Ch. 1030, Sec. 3.)
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