The commission may, from any funds available therefor, purchase its bonds. The commission may hold, pledge, cancel, or resell the bonds, subject to, and in accordance with, agreements with the bondholders.
Cal. Pub. Util. Code § 130537
Bonds and Notes
Known as the Los Angeles County Transportation Commission Revenue Bond Act
The act spans §§ 130500–130553 (37 sections).
Added by Stats. 1984, Ch. 1646, 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.