California Water Code ARTICLE 5 - Cancellation

• Section 52280.
  The board, by an order entered in its minutes, may cancel all proceedings taken in connection with bonds remaining unsold one year after they are...
• Section 52281.
  A certified copy of the order shall be filed with the county treasurer of each county wherein lands affected by the assessment on which the...
• Section 52282.
  Upon receipt of the order, the county treasurer to whom the unsold bonds have been delivered shall cancel the unsold bonds and all coupons attached...
• Section 52283.
  Cancellation of unsold or unissued bonds shall not affect the validity of the assessment upon which the bonds were issued, and the board may call...
• Section 52284.
  When a portion of any bond issue is canceled, the board shall call the portion of the assessment securing the canceled bonds, in such installment...
• Section 52285.
  Calls of assessments pursuant to Section 52284 shall be limited to amounts which will leave uncalled a sufficient portion of the assessment to pay principal...

Last modified: October 22, 2018