California Code, SHC 9401.

California Code, SHC 9401.

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Streets and Highways Code - SHC

DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” [9000 - 9481]   ( Division 11 added by Stats. 1951, Ch. 463. )  Â

CHAPTER 11. Issuance of Refunding Bonds [9400 - 9417] Â Â ( Chapter 11 added by Stats. 1951, Ch. 463. )

  9401.  In no event shall refunding bonds be issued for more than the par value of the outstanding bonds and the due and unpaid interest coupons to be refunded. (Added by Stats. 1951, Ch. 463.)