The county may, out of any funds available therefor, purchase its bonds. The county may hold, pledge, cancel, or resell the bonds, subject to, and in accordance with, agreements with bondholders.
Cal. Gov. Code § 54779
Bonds
Known as the Teeter Plan Bond Law
The act spans §§ 54773–54783 (12 sections).
Added by Stats. 1994, Ch. 293, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.