Cal. Code Regs. tit. 4 § 6012
A Report of Proposed Debt Issuance must be submitted to the Commission for an Issue of commercial paper notes no later than 30 days prior to the date of Sale or immediately upon the decision by the Issuer to Issue if that decision occurs less than 30 days prior to the date of Sale. The requirement to submit a Report of Proposed Debt Issuance shall not include an Issue of commercial paper notes from which all proceeds are proposed to be used solely for the purpose of repaying commercial paper notes and any applicable costs of issuance. If the proceeds from an Issue of commercial paper notes are proposed to be used for purposes other than repayment of commercial paper notes and any applicable costs of issuance, a Report of Proposed Debt Issuance shall be submitted to the Commission to report the amount of the Issue that will be used for purposes other than the repayment of commercial paper notes.
Cal. Code Regs. Tit. 4, § 6012
Note: Authority cited: Section 8855(e), Government Code. Reference: Sections 5922(b), 6588.7(e)(2), 6599.1(a), 8855(h)(3), 8855(i) and 53359.5(a), Government Code; Section 15146(e), Education Code; and Section 20560.2, Water Code.