California Water Code ARTICLE 1 - Bond Terms

• Section 25200.
  As used in this chapter “bonds” includes both construction and refunding bonds except as otherwise expressly provided.(Added by Stats. 1943, Ch. 372.)
• Section 25201.
  Subject to the provisions of this article the board shall prescribe the form of the bonds issued by the district and of the attached interest...
• Section 25202.
  An issue of bonds means all of the bonds issued in accordance with a single proposal approved at an election.(Added by Stats. 1943, Ch. 372.)
• Section 25203.
  Each issue of bonds shall be numbered consecutively as authorized, and the bonds of each issue shall be numbered consecutively.(Added by Stats. 1943, Ch. 372.)
• Section 25204.
  The board shall fix the date of each issue of bonds and may divide any issue into two or more divisions and fix different dates...
• Section 25205.
  The date of any bond shall be subsequent to the date of the election at which its issuance was authorized and prior to that of...
• Section 25206.
  The date of issue of any bond shall be deemed to be the date of the bond appearing on its face.(Added by Stats. 1943, Ch.
• Section 25207.
  The board shall fix the denomination or denominations of the bonds.(Amended by Stats. 1963, Ch. 736.)
• Section 25208.
  The bonds shall bear interest at a rate not to exceed 8 percent per year to be fixed by the board, except that, if, before...
• Section 25208.1.
  Notwithstanding the provisions of Section 25208 of the Water Code and any other provisions of law, the Board of Directors of the Solano Irrigation District...
• Section 25209.
  The interest shall be payable on the first day of January and the first day of July of each year.(Added by Stats. 1943, Ch. 372.)
• Section 25209.1.
  In the case of any district described in Section 20560.2, notwithstanding any other provision of this division, the interest on any bonds of the district...
• Section 25210.
  The board shall designate the places at which the bonds and the interest thereon shall be payable.(Added by Stats. 1943, Ch. 372.)
• Section 25211.
  The bonds shall be payable in lawful money of the United States.(Added by Stats. 1943, Ch. 372.)
• Section 25212.
  Each bond shall be made payable at a given time for its full face value and not for a percentage thereof.(Added by Stats. 1943, Ch.
• Section 25213.
  The principal on bonds shall be payable on the first day of January or the first day of July of the years designated by the...
• Section 25213.1.
  In the case of any district described in Section 20560.2, notwithstanding any other provision of this division, each principal payment, other than payments of principal...
• Section 25214.
  In no case shall the maturity of any bond be more than 50 years from its date.(Added by Stats. 1943, Ch. 372.)
• Section 25215.
  When bonds are made callable, a statement to that effect shall be set forth on the face of the bond.(Added by Stats. 1943, Ch. 372.)
• Section 25216.
  Each bond shall be signed by the president and secretary then in office at any time between the date of the bond and its delivery...
• Section 25217.
  The seal of the district shall be impressed on each bond.(Added by Stats. 1943, Ch. 372.)
• Section 25218.
  The interest coupons shall be signed by the secretary then in office at any time between the date of the bond and its delivery to...
• Section 25219.
  Unless otherwise provided in the proceedings for the issuance of the bonds, they and the interest on them shall be paid from money derived from...

Last modified: October 22, 2018