Section 59121 Of Article 1. Definitions And General Provisions From California Government Code >> Division 1. >> Title 6. >> Chapter 5. >> Article 1.
59121
. Whenever the legislative body determines that the public
interest, convenience, or necessity requires the refunding of bonds
of an improvement district within the local agency, whether such
bonds are due or not due or which may become due at the option of the
local agency or by the consent of the bondholders or by any lawful
means, it may proceed pursuant to this chapter.