Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT [28500 - 29757]
( Part 2 added by Stats. 1957, Ch. 1056. ) CHAPTER 8. Bonds and Other Evidences of Indebtedness [29150 - 29293]
( Chapter 8 added by Stats. 1957, Ch. 1056. ) ARTICLE 4. Refunding Bonds [29210 - 29225]
( Article 4 added by Stats. 1957, Ch. 1056. ) 29212.
Refunding general obligations may be issued and may be sold in accordance with Articles 2 (commencing with Section 29169) and 3 (commencing with Section 29200), except that no election need be called or held for the purpose of authorizing the issuance of refunding bonds and the refunding bonds may be sold and the proceeds thereof applied to the redemption of bonds of indebtedness or may be exchanged at not less than their par value for the evidences of indebtedness to be refunded.
(Amended by Stats. 1984, Ch. 144, Sec. 180.)