California § 53809 - The board may provide, by resolution, for the issuance of refunding certificates
Full text of California Public Contract Code - PCC § 53809 — The board may provide, by resolution, for the issuance of refunding certificates, with citation guidance and answers to common questions.
§ 53809. The board may provide, by resolution, for the issuance of refunding certificates
The board may provide, by resolution, for the issuance of refunding certificates for the purpose of refunding any certificates of the board issued pursuant to this article and then outstanding, either by voluntary exchange with the holders of the outstanding certificates, or to provide funds to redeem and retire the outstanding certificates, with accrued interest and any redemption value payable on any call date. The issuance of the refunding certificates, the maturities and other details of the certificates, the rights of the certificate holders, and the duties of the board in respect to the certificates, are governed by the provisions of this article insofar as they are applicable. Refunding certificates may be issued by the board to refund certificates originally issued or to refund certificates of the board previously issued for refunding purposes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53809
What does Public Contract Code - PCC § 53809 cover?
Section 53809 ("The board may provide, by resolution, for the issuance of refunding certificates") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 53809?
A common citation format is "Public Contract Code - PCC § 53809" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 53809 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.