California Law (Last Updated: March 4, 2014) |
Military and Veterans Code - MVC |
Division 2. THE MILITARY FORCES OF THE STATE |
Part 1. THE STATE MILITIA |
Chapter 10. California National Guard Members’ Revenue Bond Act of 1978 |
ARTICLE 3. Provisions of Resolution of Issuance and Supplemental Resolutions |
Section 482.3.
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A resolution of issuance may provide for the call and redemption of revenue bonds issued thereunder, upon such terms, conditions and notice, and upon the payment of such premium, as may be fixed in said resolution. No revenue bond shall be subject to call or redemption prior to its fixed maturity date unless the right to exercise such call is expressly stated on the face of the revenue bond.
(Added by Stats. 1978, Ch. 1274.)