Skip to content

TITLE 4. GOVERNMENT OF CITIES 34000-45345›DIVISION 4. FINANCIAL PROVISIONS 43000-43904›CHAPTER 4. Bonds 43600-43904›ARTICLE 3. Refunding Indebtedness 43720-43747

§ 43737

California Government Code · 2018-11 edition · updated 2026-10-04 · California

The proceeds from the sale of the bonds shall be applied by the treasurer to the satisfaction of the judgment or the refunding of the indebtedness for which the bonds were issued, or the bonds may be exchanged at their par value for the evidences of indebtedness to be refunded, at their par value.

(Added by Stats. 1949, Ch. 79.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.