Public Utilities Code section 13286

The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest, or the call price, of the bonded indebtedness for which the refunding bonds were issued.

Source: Section 13286, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=13286. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 13286’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_13286

Original Source: Section 13286, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=13286. (last accessed Apr. 24, 2025).