For refunding bonds issued in the County of San Bernardino, the last maturity of any of these bonds shall not exceed the longest maturity currently authorized for bonds by the law pursuant to which the bonds to be refunded were issued.
Cal. Sts. & High. Code § 9607.5
Issuance of Refunding Bonds
Known as the Refunding Act of 1984 for 1915 Improvement Act
The act spans §§ 9500–9707 (83 sections).
Added by Stats. 1987, Ch. 10, 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.