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( Division 10 repealed and added by Stats. 1955, Ch. 1036.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. ) 98355.
In lieu of selling refunding bonds and using the proceeds to purchase or retire the bonds to be refunded, the board may exchange refunding bonds at not less than par and accrued interest for the bonds so refunded.
(Added by Stats. 1967, Ch. 978.)