The refunding bonds shall not bear a higher rate of interest than the bonds to be refunded and may be issued and sold in the manner and form prescribed for an original issue of bonds.
Cal. Water Code § 31443
Refunding
Known as the County Water District Law
The act spans §§ 30000–33901 (468 sections).
Added by Stats. 1949, Ch. 274.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.