§ 55102
53 words·~1 min read·
/ca/health-and-safety-code/55102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The local agency may, from time to time, issue
(1)bonds to renew bonds and
(2)other bond obligations to pay bonds including the interest thereon, and, whenever it deems refunding expedient, to refund any bonds by the issuance of new bonds, whether the bonds to be refunded have or have not matured.