Section 16781.5.

Cal. Government Code - GOV § 16781.5.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Notwithstanding any other provision of this article, the renewal and reissuance from time to time of commercial paper notes within the amount and time of a program authorized by the committee pursuant to Section 16731.6 shall be considered a refunding of the amount of the commercial paper notes maturing from time to time that complies with this article.

References

referencesCal. Government Code - GOV § 16731.6.
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