Section 81940 Of Chapter 5. Community College Revenue Bond Act Of 1961 From California Education Code >> Division 7. >> Title 3. >> Part 49. >> Chapter 5.

. Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denomination whatsoever, and with or without coupons, to be exchanged for definitive bonds when ready for delivery.