California Water Code ARTICLE 3 - Sale

  • Section 52550.
    The board, in lieu of exchanging refunding bonds for outstanding bonds, may declare by resolution that it will be for the best interests of the...
  • Section 52551.
    The board, having adopted a resolution of sale, may declare by resolution, on or before the February 1st or the August 1st prior to the...
  • Section 52552.
    The resolution shall direct the county treasurer to sell the refunding bonds on a date not less than five days, nor more than 10 days,...
  • Section 52553.
    The refunding bonds shall be sold by the county treasurer in the manner provided in Article 3, Chapter 1 of this part for the sale...
  • Section 52554.
    A sale by the county treasurer is conclusive evidence in favor of the purchaser and all subsequent holders of the refunding bonds that the sale...
  • Section 52555.
    Refunding bonds which are not sold when offered for sale may again be offered for sale from time to time prior to their fixed maturity,...
  • Section 52556.
    The proceeds of the sale of refunding bonds shall be placed in the county treasury to the credit of the bond fund, and used only...
  • Section 52557.
    The board shall sell or exchange refunding bonds only of such maturities as have been declared in the notice of election for the issuance of...
  • Section 52558.
    If any district authorized the issuance of refunding bonds prior to August 14, 1929, and the same or any part thereof are unsold, the board...
  • Section 52559.
    If the board, in its resolution, determines that the refunding bonds may be sold for an amount less than their aggregate par value, and that...
  • Section 52560.
    The warrant shall be drawn for an amount equal to the sum of:(a) The excess of the par value of the refunding bonds directed to be...
  • Section 52561.
    When the warrant has been drawn, there shall be included in the next succeeding assessment call levied for maintenance purposes, an amount equal to that...

Last modified: October 22, 2018