Section 13123.

Cal. Public Resources Code - PRC § 13123.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The face value of refunding bonds exchanged for original bonds shall not exceed the face value of the original bonds.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements