California Health and Safety Code 6691 – Refunding bonds shall be issued and delivered only when the bonds to …
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Refunding bonds shall be issued and delivered only when the bonds to be refunded have matured or are about to mature or are subject to retirement before maturity, or, if the outstanding bonds are not subject to retirement the retirement thereof shall have been assured or obtained by consent of the holders thereof.
(Added by Stats. 1939, Ch. 304.)