California Water Code ARTICLE 5 - Issuance and Terms

• Section 74850.
  If two-thirds of the votes cast upon the proposition at the bond election are marked and counted “Bonds—Yes” or appear to favor the proposition submitted,...
• Section 74851.
  The board may issue the bonds of the district for the whole or any part of the amount of the indebtedness authorized, and may, from...
• Section 74852.
  The board shall, by a resolution adopted by a majority of its members, prescribe the form of the bonds and of the coupons attached thereto...
• Section 74853.
  The bonds shall bear interest at a rate not exceeding 8 percent per year, payable annually or semiannually as may be prescribed by the board...
• Section 74854.
  The board may provide for redemption of bonds before maturity at prices determined by it. A bond shall not be subject to call or redemption...
• Section 74855.
  The bonds shall be in such denominations as the board may prescribe.(Amended by Stats. 1971, Ch. 359.)
• Section 74856.
  The principal and interest shall be payable in lawful money of the United States at the office of the treasurer or such other place as...
• Section 74857.
  The bonds shall be dated, numbered consecutively, signed by the president, and attested by the secretary with the official seal of the district. The interest...

Last modified: October 22, 2018