Notwithstanding any other provision of this article, the renewal and reissuance from time to time of commercial paper notes within the amount and time of a program authorized by the committee pursuant to Section 16731.6 shall be considered a refunding of the amount of the commercial paper notes maturing from time to time that complies with this article.
Cal. Gov. Code § 16781.5
Refunding Bonds
Known as the State General Obligation Bond Law
The act spans §§ 16720–16787 (51 sections).
Added by Stats. 1995, Ch. 697, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.