§ 92477
70 words·~1 min read·
/ca/education-code/92477A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds may be callable upon such terms, conditions, and upon such notice as the regents may determine, and upon the payment of such premium as may be fixed by the regents 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 such call is expressly stated on the face of the bond.