California Water Code CHAPTER 3 - Bond Issuance

• Section 45400.
  If a majority of the votes cast at the election are in favor of the issuance of bonds, or if a resolution authorizing the issuance...
• Section 45401.
  The treasurer shall place the proceeds of sale of any bonds sold to the credit of the district.(Amended by Stats. 1965, Ch. 226.)
• Section 45402.
  The board may divide the principal amount of any authorized issue of bonds into two or more series, and may fix different dates for the...
• Section 45403.
  Before making a sale of bonds, notice shall be given by the treasurer by publication at least once a week for two successive weeks in...
• Section 45404.
  At the time appointed, the treasurer shall open the bids and award the bonds to the highest responsible bidder.(Added by Stats. 1951, Ch. 391.)
• Section 45405.
  The treasurer, upon written request of a majority of the directors, shall reject any or all bids.(Added by Stats. 1951, Ch. 391.)
• Section 45406.
  Sale and delivery of bonds by the treasurer is conclusive evidence that the sale was made upon due authority and notice.(Added by Stats. 1951, Ch.
• Section 45407.
  Upon a sale of any district bonds, the treasurer may accept in payment, in whole or in part, outstanding warrants of the district at face...
• Section 45408.
  The bonds of any series of an authorized issue shall be equally and ratably secured with the bonds of any other series of such authorized...

Last modified: October 22, 2018