Section 131113 Of Chapter 3. Retail Transactions And Use Tax From California Public Utilities Code >> Division 12.5. >> Chapter 3.
131113
. In the resolution authorizing the issuance of the bonds,
the agency imposing the retail transactions and use tax may also
provide for the call and redemption of the bonds prior to maturity at
the times and prices and upon other terms as specified. However, no
bond is subject to call or redemption prior to maturity, unless it
contains a recital to that effect or unless a statement to that
effect is printed.