DIVISION 5. Public Banks 57600-57607›CHAPTER 4. District Indebtedness 58950›ARTICLE 5.5. Refunding of Ad Valorem Tax or Assessment Bonds 59280-59286
§ 59281
California Government Code · 2026-09 edition · updated 2026-09-27 · California
Refunding bonds may be issued under this chapter for the purpose of refunding any indebtedness of the local agency which is evidenced by bonds, whether due or not due or which may thereafter become payable at the option of such local agency or by consent of the bondholders or by any lawful means.
(Added by Stats. 1973, Ch. 256.)
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