Public Utilities Code section 96505

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.

Source: Section 96505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=96505. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 96505’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_96505

Original Source: Section 96505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=96505. (last accessed Apr. 24, 2025).