The face value of refunding bonds exchanged for original bonds shall not exceed the face value of the original bonds.
Cal. Pub. Res. Code § 13123
Bonds
Known as the Resort Improvement District Law
The act spans §§ 13000–13233 (105 sections).
Added by Stats. 1961, Ch. 2069.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.