Public Utilities Code section 90663

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 complete in not more than 40 years from that date.

Source: Section 90663, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=90663. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 90663’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_90663

Original Source: Section 90663, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=90663. (last accessed May 10, 2025).