The maturity date of refunding bonds shall be fixed by the board but in no case shall the maturity of any such bonds be more than forty years from the date thereof.
Cal. Health & Safety Code § 6694.1
Refunding Bonds
Added by Stats. 1939, Ch. 304.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.