California Water Code Section 24507

CA Water Code § 24507 (2017)  

Bonds so purchased may be canceled or held as a part of the district assets until the board determines that it is for the best interests of the district that the bonds or any of them be sold. Bonds not resold prior to the date of their maturity shall be canceled.

(Added by Stats. 1943, Ch. 372.)

Last modified: October 25, 2018