California Water Code ARTICLE 1 - Issuance and Form

  • Section 52500.
    A district may refund the whole or any part of any installment of the principal of an outstanding bond issue.(Added by Stats. 1951, Ch. 336.)
  • Section 52501.
    All proceedings for the issuance of refunding bonds commenced prior to August 14, 1929 shall be completed in accordance with the provisions of this part.(Added...
  • Section 52502.
    When the board determines that it would be for the best interest of the district or the landowners therein to refund any installment, or portion...
  • Section 52503.
    At the election the board shall submit to the landowners the question of whether any installment of the principal of the outstanding bonds of the...
  • Section 52504.
    The order for the election shall state the maturities and rate of interest of the refunding bonds, and the total amount of the principal thereof,...
  • Section 52505.
    If a majority of the votes cast at the election approve the issuance of refunding bonds, the board shall prescribe the date and rate of...
  • Section 52506.
    The principal of the refunding bonds shall not exceed 110 percent of the principal amount of the bonds to be refunded.(Added by Stats. 1951, Ch.
  • Section 52507.
    The principal and interest of refunding bonds shall be based on and payable out of the assessment upon which the bonds to be refunded are...
  • Section 52508.
    Refunding bonds shall be payable serially within at least 50 years from their date.(Added by Stats. 1951, Ch. 336.)
  • Section 52509.
    Refunding bonds may be in substantially the following form: United States of America State of CaliforniaCounty of ______No. _____$Reclamation District No. ______Reclamation District No. ____ for value received,...
  • Section 52510.
    The interest coupons may be substantially in the following form: No. ________$ _______The county treasurer of ____ County, California, will pay to the holder hereof on the...

Last modified: October 22, 2018