CA Educ Code Section 90042

Bonds may be callable upon any terms, conditions, and upon any notice as the board may determine, and upon the payment of the premium as may be fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date unless the right to exercise the call is expressly stated on the face of the bond.

Source: Section 90042, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=90042..

Last Updated

Aug. 19, 2023

§ 90042’s source at ca.gov

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Location: https://california.public.law/codes/ca_educ_code_section_90042

Original Source: Section 90042, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=90042. (last accessed Aug. 19, 2023).