California Legal Codes and Statutes

§ 16785

Added by Stats. 1987, Ch. 1030, Sec. 3.

Refunding bonds shall be valid and binding obligations of the State of California, and the full faith and credit of the State of California shall be pledged for the punctual payment of the principal of and interest on the bonds as the principal and interest become due and payable.

Cite this section

Cal. Gov. Code § 16785 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-4-fiscal-affairs/part-3-state-bonds/chapter-4-state-general-obligation-bonds/article-6-refunding-bonds/section-16785

Other sections in Article 6 - Refunding Bonds

§ 16780§ 16781§ 16781.5§ 16782§ 16783§ 16784§ 16785§ 16786§ 16787

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