Section 81930 Of Chapter 5. Community College Revenue Bond Act Of 1961 From California Education Code >> Division 7. >> Title 3. >> Part 49. >> Chapter 5.

. Bonds may be callable upon such terms and conditions, and upon such notice, as the board may determine, and upon the payment of such premium as may be fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date unless the right to exercise the call is expressly stated on the face of the bond.