California Water Code ARTICLE 4 - Bonds

• Section 8030.
  All bonds issued under this chapter shall be serial bonds and of such denominations as the city council determines.(Added by Stats. 1943, Ch. 369.)
• Section 8031.
  No bond shall be for less than one hundred dollars ($100) nor for more than one thousand dollars ($1,000).(Added by Stats. 1943, Ch. 369.)
• Section 8032.
  Not less than one-fortieth part of the whole indebtedness evidenced by the whole of the issue of bonds shall be, by the terms of the...
• Section 8033.
  Each bond shall be made payable in lawful money of the United States on a day and at a place designated in the bond, with...
• Section 8034.
  The interest rate shall not exceed 8 percent per annum, and shall be fixed by the city council.(Amended by Stats. 1975, Ch. 130.)
• Section 8035.
  The place of payment shall be either at the office of the treasurer of the city, or at some designated bank in San Francisco, Chicago,...
• Section 8036.
  The bonds shall be executed on the part of the city by the mayor or other executive, and the treasurer, and countersigned by the clerk...
• Section 8037.
  The interest coupons shall be numbered consecutively and signed by the treasurer.(Added by Stats. 1943, Ch. 369.)
• Section 8038.
  Any of the bonds may be issued and sold by the city council at not less than its face value.(Added by Stats. 1943, Ch. 369.)
• Section 8039.
  The proceeds of the sale of the bonds shall be deposited in the city treasury to the credit of a designated fund and shall be...

Last modified: October 22, 2018