California Water Code ARTICLE 5 - Issuance and Sale

  • Section 11750.
    Bonds may be issued and sold from time to time and in such amounts as may be deemed necessary in the judgment of the department...
  • Section 11751.
    Bonds may be sold below the par or face value thereof, but the sale price shall not be less than 94 percent of the par...
  • Section 11752.
    Successive issues of bonds shall have equal preference with respect to the redemption thereof and the payment of interest thereon, but the department may fix...
  • Section 11753.
    All bonds issued are negotiable instruments.(Added by Stats. 1943, Ch. 370.)
  • Section 11754.
    All bonds authorized for issuance by the department shall be sold by the Treasurer at public sale by bid or at private sale by negotiation,...
  • Section 11755.
    The department may borrow money in anticipation of the sale of bonds duly authorized to be issued, but which have not yet been sold and...

Last modified: October 22, 2018