California Water Code ARTICLE 1 - Issuance and Terms
- Section 71950.
If from the bond election returns it appears that more than two-thirds of the votes cast in such election were in favor of and assented...
- Section 71951.
The full amount of the authorized bonds may be divided into two or more series and different dates fixed for the bonds of each series....
- Section 71952.
The board shall, by resolution, prescribe the form of the bonds and of the coupons attached thereto and fix the time when the whole or...
- Section 71953.
The bonds shall bear interest at a rate or rates not to exceed 8 percent per year, payable semiannually, except that interest for the first...
- Section 71954.
The board may provide for the call and redemption of bonds prior to maturity at such times and prices and upon such other terms as...
- Section 71955.
The denomination of the bonds shall be stated in the resolution providing for their issuance but shall not be less than one hundred dollars ($100).(Added...
- Section 71956.
The principal and interest on the bonds shall be payable in lawful money of the United States at the office of the treasurer of the...
- Section 71957.
The bonds shall be dated, numbered consecutively, signed by the president and treasurer of the district, countersigned by the secretary, and the official seal of...
- Section 71958.
If the bond election proceedings have been limited to and have applied only to an improvement district, the bonds are bonds of the district, shall...
- Section 71959.
Any bonds issued by a district have the same force, value, and use as bonds issued by a city and are exempt from all taxation...
- Section 71960.
The board may, without a vote of the electors, provide for the issuance of, and issue, general obligation bonds of the district or for an...
Last modified: October 22, 2018