California Water Code ARTICLE 1 - Issuance and Sale

• Section 55520.
  The board may issue and sell the bonds of the district, when authorized, at not less than par value, and the proceeds of the sale...
• Section 55521.
  The board by an order entered upon its minutes, shall, subject to the provisions of this division, prescribe the form of bonds issued and of...
• Section 55522.
  The board shall designate an amount, not less than one-fortieth of the principal amount of the indebtedness, or series thereof, which shall be paid annually...
• Section 55523.
  The board may determine and fix a date for the earliest maturity of the principal of the bonds, or series thereof, not more than 10...
• Section 55524.
  The bonds shall be issued in such denomination or denominations as the board may determine.(Amended by Stats. 1963, Ch. 736.)
• Section 55525.
  The bonds shall be signed by the chairman of the board and countersigned by the auditor of the district, or if one has not been...
• Section 55526.
  The interest coupons of the bonds shall be numbered consecutively and signed by the auditor of the county by his engraved or lithographed signature.(Added by...
• Section 55527.
  In case any officer whose signature or countersignature appears on the bonds or coupons shall cease to be an officer before the delivery of the...
• Section 55528.
  The principal and interest on the bonds shall be paid by the district treasurer, or if one has not been appointed, the county treasurer, in...
• Section 55529.
  The board may divide the principal amount of any issue into two or more series and fix different dates for the bonds of each series....
• Section 55530.
  Notwithstanding any other provision of the law, the board may determine that the public economy so requires, and order that less than one-fortieth of the...
• Section 55531.
  District or zone bonds may be made payable on July 1st subsequent to the time fixed for the collection of the second installment of general...
• Section 55532.
  The proceeds of such bonds may be used for the following purposes:(a) All costs or estimated costs incidental to or connected with the acquisition, construction, improving...
• Section 55533.
  Any bonds issued by the district may be subject to call and redemption prior to maturity at such times and prices and upon such other...
• Section 55534.
  When bonds are made callable, a statement to that effect shall be set forth on the face of the bond.(Added by Stats. 1968, Ch. 1015.)

Last modified: October 22, 2018