California Water Code ARTICLE 2 - Refunding Bond Sinking Fund

• Section 25060.
  If any issue of refunding bonds are made to mature at one time, the board prior to or at the time of their issuance shall...
• Section 25061.
  The amount of sinking fund payments may be modified from time to time by the board.(Amended by Stats. 1991, Ch. 1226, Sec. 52.)
• Section 25062.
  Whenever the sinking fund contains at least ten thousand dollars ($10,000), the board may publish notice of redemption at least once a week for three...
• Section 25063.
  The notice shall set forth all of the following:(a) The amount available for the redemption of the bonds.(b) An invitation for sealed proposals for the sale to...
• Section 25064.
  All proposals received in response to the notice shall be opened by the board in open meeting at the time specified in the notice or...
• Section 25065.
  Any or all of the proposals may, in the discretion of the board, be rejected.(Added by Stats. 1943, Ch. 372.)
• Section 25066.
  If no bids are received or if the bids received and accepted are not sufficient to exhaust the money on hand and available for the...
• Section 25067.
  No proposal to sell bonds to the district pursuant to this article at a price in excess of their par value shall be accepted.(Added by...
• Section 25068.
  All bonds purchased from sinking fund money shall be forthwith canceled.(Added by Stats. 1943, Ch. 372.)

Last modified: October 22, 2018