§ 32100
61 words·~1 min read·
/ca/public-resources-code/32100A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The total amount of bonds which may be outstanding at any one time under this division shall not exceed six hundred fifty million dollars ($650,000,000). Bonds for which moneys or securities in amounts necessary to pay or redeem the principal, interest, and any redemption premium thereon have been deposited in trust shall not be deemed outstanding for purposes of this section.