Any bonds issued or sold pursuant to this chapter may be refunded by the issuance of refunding bonds in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code. Approval by the electors of the state for the issuance of the bonds shall include approval of the issuance of any bonds issued to refund any bonds originally issued or any previously issued refunding bonds.
Cal. Pub. Util. Code § 99695.5
Bonds
Known as the Clean Air and Transportation Improvement Bond Act
The act spans §§ 99690–99696 (14 sections).
Added June 5, 1990, by initiative Proposition 116.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.