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DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” 9000-9481›CHAPTER 11. Issuance of Refunding Bonds 9400-9417

§ 9401

California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California

In no event shall refunding bonds be issued for more than the par value of the outstanding bonds and the due and unpaid interest coupons to be refunded.

(Added by Stats. 1951, Ch. 463.)

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