The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of the State General Obligation Bond Law. Approval by the electors of the state for the issuance of bonds shall include approval of the issuance of any bonds issued to refund any bonds originally issued or any previously issued refunding bonds.
Cal. Sts. & High. Code § 2704.19
Fiscal Provisions
Known as the Safe, Reliable High-Speed Passenger Train Bond Act
The act spans §§ 2704–2704 (21 sections).
Added by Stats. 2008, Ch. 267, Sec. 9
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.