Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 10. SANTA CRUZ METROPOLITAN TRANSIT DISTRICT [98000 - 98407]
( Part 10 added by Stats. 1967, Ch. 978. ) CHAPTER 7. Bonds [98310 - 98381]
( Chapter 7 added by Stats. 1967, Ch. 978. ) ARTICLE 4. Refunding [98350 - 98356]
( Article 4 added by Stats. 1967, Ch. 978. ) 98353.
Refunding bonds shall bear interest at a rate not exceeding the interest rate on the refunded bonds, but payment of the refunding bonds shall begin not later than one year from the date thereof and be completed in not more than 40 years from that date.
(Added by Stats. 1967, Ch. 978.)