Section 4993 Of Article 4. Bonds From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 5. >> Article 4.
4993
. If the proceeds of the bonds for any reason are less than the
cost of the works, additional bonds may in like manner be issued and
sold to provide for the amount of the deficit, but not to exceed the
amount necessary to complete the works according to the original
plans and specifications. Such deficiency bonds shall be deemed to be
the same in all respects as the original issue, and shall be
entitled to payment, without preference or priority over the bonds
first issued, and shall be disposed of in like manner.