Section 487 Of Article 5. Refunding Bonds From California Military And Veterans Code >> Division 2. >> Part 1. >> Chapter 10. >> Article 5.
487
. The department, subject to the approval of the National Guard
Members' Finance Committee, may provide for the issuance, sale, or
exchange of refunding bonds for the purpose of redeeming or retiring
any bonds issued under this chapter. All provisions of this chapter
applicable to the issuance of revenue bonds are applicable to the
funding or refunding bonds and to the issuance, sale, or exchange
thereof. The department, with the approval of the National Guard
Members' Finance Committee, may adopt a resolution or resolutions of
issuance or supplemental resolutions authorizing the issuance of such
refunding bonds and fixing the terms and conditions thereof.